Showing 1 - 5 of 5
We construct a model of trade with heterogeneous retailers to examine the effects of trade liberalization on retail …
Persistent link: https://www.econbiz.de/10003888981
This paper investigates the implications for international markets of the existence of retailers/wholesalers with …
Persistent link: https://www.econbiz.de/10003872802
We develop a general-equilibrium model to capture key features of the retailing and of the manufacturing industry in order to understand how these two industries interact and how labor is allocated between them. We show that the observed shift in employment from manufacturing to retailing, the...
Persistent link: https://www.econbiz.de/10009230887
effect of demand shocks, this occurs when competitive retailers must order inventories before they know the realization of … retailers trade unsold inventories generally results in larger orders placed with the manufacturer, higher manufacturer profit …
Persistent link: https://www.econbiz.de/10003112697
The paper shows that taking inventory control out of the hands of competitive or exclusive retailers and assigning it … because doing so solves incentive distortions that arise when retailers have to allocate inventory across sales periods, and …
Persistent link: https://www.econbiz.de/10011742575