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The dynamics of automation adoption : firm-level heterogeneity and aggregate employment effects
Bisio, Laura; Cuzzola, Angelo; Grazzi, Marco; … - 2023
We investigate the impact of investment in automation-related goods on adopting and non-adopting firms in the Italian … of Italian importing firms and estimate the effects on adopters' outcomes within a difference-indifferences design … exploiting import lumpiness in product categories linked to automation and AI technologies. We find a positive average adoption …
Persistent link: https://www.econbiz.de/10014383690
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A treatment effect method for merger analysis with an application to parking prices in Paris
Choné, Philippe; Linnemer, Laurent - 2010
Most retrospective merger studies resort to the treatment effect approach, comparing the price dynamics in a treatment group and in a control group. We propose a systematic method to construct the groups, which applies to any industry with spatial competition. The method is consistent with the...
Persistent link: https://www.econbiz.de/10008757537
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Double marginalization and vertical integration
Choné, Philippe; Linnemer, Laurent; Vergé, Thibaud - 2021
Asymmetric information in procurement entails double marginalization. The phenomenon is most severe when the buyer has all the bargaining power at the production stage, while it vanishes when the buyer and suppliers' weights are balanced. Vertical integration eliminates double marginalization...
Persistent link: https://www.econbiz.de/10012494786