Showing 1 - 10 of 563
This paper develops an approach to measuring the intensity of competition in international markets. The method measures the degree of 'outside' competition faced by exporters located in one source country from firms located outside the source country. We use the elasticity of price and quantity...
Persistent link: https://www.econbiz.de/10012473651
The effect of website provision on the demand for German women's magazines is analyzed using differentiated product … demand models estimated on panel data that cover the period 1990 2000. Descriptive evidence on the magazines' website … provision does not significantly affect magazines' market shares. This result is robust with respect to the application of …
Persistent link: https://www.econbiz.de/10012469909
The food supply chain has experienced major disruptions from both demand and supply sides during the Covid-19 pandemic … difficult task. With an attempt to understand impacts of demand on the food supply chain, we developed an agent-based model … demand shock will have different impacts on various stakeholders of the supply chain. Our contribution to the literature is …
Persistent link: https://www.econbiz.de/10012616614
William Baumol and his co-authors have analyzed the impact of differential productivity growth on the health of different sectors and on the overall economy. They argued that technologically stagnant sectors experience above average cost and price increases, take a rising share of national...
Persistent link: https://www.econbiz.de/10012466450
satisfaction grow in market size. We document this phenomenon across 246 US radio markets. By a mechanism that we term 'preference … externalities', an increase in the size of the market brings forth additional products valued by others with similar tastes. But who … possibly reduced) by the size of the white population. Consequently, small groups receive less variety from the market. Forces …
Persistent link: https://www.econbiz.de/10012471394
Digital platforms like Uber can enhance market transparency and mitigate moral hazard via ratings of buyers and sellers …
Persistent link: https://www.econbiz.de/10012480668
We consider nonparametric identification in models of differentiated products markets, using only market level … observables. On the demand side we consider a nonparametric random utility model nesting random coefficients discrete choice … models widely used in applied work. We allow for product/market-specific unobservables, endogenous product characteristics (e …
Persistent link: https://www.econbiz.de/10012463009
Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We … examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation. We find … that product market regulations affect time devoted to market work in effectively the same fashion as do taxes on labor …
Persistent link: https://www.econbiz.de/10012465765
agricultural land and then apply this method using a rich set of data on the vineyards of the Mosel Valley in Germany. The basic …
Persistent link: https://www.econbiz.de/10012466285
In recent years, some English critics have claimed that Damien Hirst and his fellow young British artists have made London the new center of the advanced art world. As Hirst reaches the age of 40, this paper uses auction results to measure the importance of the YBAs compared to their American...
Persistent link: https://www.econbiz.de/10012466957