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We study the pass-through of indirect taxes on beer prices in the European Union (EU). Exploiting the variation of … value added tax rates, beer excise tax rates, and beer prices in a panel of monthly data from 1996 to 2016 of all current 28 … EU member states, we estimate the tax pass-through of specific beer excise taxes and ad valorem value added taxes (VAT …
Persistent link: https://www.econbiz.de/10012870645
We consider a dynamic oligopoly on the beer market and study the differential effects of switching costs on product … costs across customer income segments and beer brands. Our supply estimation results show that the low-quality firm …
Persistent link: https://www.econbiz.de/10013228856
-distributed firm productivity and fixed costs of exporting, predicts that, conditional on the fixed costs of exporting, all variation … of firm productivity allows the Melitz model to successfully match the role of the intensive margin evident in the EDD … estimate a generalized Melitz model with a joint lognormal distribution for firm productivity, fixed costs and demand shifters …
Persistent link: https://www.econbiz.de/10012890632
We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of … Marginal Revenue): it is necessary and sufficient for the distributions of productivity and sales to have the same form …
Persistent link: https://www.econbiz.de/10012892151
their profitability in different countries and products, but learn it as they start to export. As a consequence, exporters …, we find empirical support consistent with such a mechanism, where firms learn from their initial export experiences and …
Persistent link: https://www.econbiz.de/10013224082
depth of trade agreements matters for the export performance of firms. Moving from shallow to deep trade agreements boosts …
Persistent link: https://www.econbiz.de/10014356326
between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … and sheds light on the effects of productivity growth. On the basis of a Geometric Brownian motion, three different … productivity scenarios are considered (no growth, deterministic growth, uncertain growth) and opposed to each other. The …
Persistent link: https://www.econbiz.de/10010266060
' management competency is associated with a 7.5 percent improvement in sales productivity and a 29.2 increase in profitability … convenience of accessing a larger export market in the South. The gap persists even after controlling for known sources of …
Persistent link: https://www.econbiz.de/10014534405
Recent theoretical research shows that exporters are more productive than nonexporters. We show that this result holds almost trivially for the case of constant marginal cost of production, as mainly assumed in the literature, but it may not hold true if the marginal cost is not constant. Our...
Persistent link: https://www.econbiz.de/10011451397
aggregate structural change. Rising manufacturing productivity and falling international trade costs further contribute to the … growth of large services firms in the densest urban areas, boosting services productivity and services exports, but also land …
Persistent link: https://www.econbiz.de/10014469530