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We study the impact of the Belgium lockdown on retail prices using a unique dataset tracking daily prices and promotions for various products in different stores and retail chains. Two distinctive features of our analysis are the ban on promotions during the first two weeks of the lockdown, and...
Persistent link: https://www.econbiz.de/10012582137
We study the impact of the Belgium lockdown on retail prices using a unique dataset tracking daily prices and promotions for various products in different stores and retail chains. Two distinctive features of our analysis are the ban on promotions during the first two weeks of the lockdown, and...
Persistent link: https://www.econbiz.de/10013227611
Total Factor Productivity (TFP), the empirical evidence on agglomeration externalities rests on measures obtained using firm … suggests that the revenue productivity advantage of denser areas is mainly driven by higher prices charged rather than …-level differences in productivity across space …
Persistent link: https://www.econbiz.de/10012834899
This paper analyzes how exporters are affected by corporate tax reforms in destination markets. We introduce tax policy in a trade model of multi-product firms and show that producers face tougher competition in export markets with lower corporate tax rates. This competitive effect induces firms...
Persistent link: https://www.econbiz.de/10012861462
Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across … US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size …
Persistent link: https://www.econbiz.de/10013250039
function, total factor productivity, price markups over marginal costs, output prices, output quantities, a demand system, and …
Persistent link: https://www.econbiz.de/10013315013
business size in an industry fosters growth in terms of total factor productivity (TFP). The results suggest that the overall …
Persistent link: https://www.econbiz.de/10013316793
their productivity and net worth and face collateral constraints that cause capital misallocation. TFP endogenously depends … equilibrium, general-equilibrium effects overturn this result: a monetary expansion increases the investment of high-productivity … firms relatively more than that of low-productivity ones, crowding out the latter and increasing TFP. We provide empirical …
Persistent link: https://www.econbiz.de/10013311708
We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor … productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R …
Persistent link: https://www.econbiz.de/10013316626
infrastructure on economic performance in terms of gains in profits, cost savings, as well as in terms of productivity growth … productivity growth reveals that the economic performance could be enhanced by investing in infrastructure capital …
Persistent link: https://www.econbiz.de/10013316826