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Buyer power in international markets
Raff, Horst; Schmitt, Nicolas - 2009
market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail … market concentration. Due to this concentration retail prices may be higher and welfare may be lower in free trade than in … autarky, thus reversing the standard effects of trade liberalization. Second, the pro-competitive effects of trade …
Persistent link: https://www.econbiz.de/10003872802
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Trade costs, market access and economic geography : why the empirical specification of trade costs matters
Bosker, Maarten (contributor); Garretsen, Harry (contributor) - 2007
Persistent link: https://www.econbiz.de/10003597976
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PPP and the Balassa Samuelson effect : the role of the distribution sector
MacDonald, Ronald; Ricci, Luca Antonio - 2001
This paper investigates the impact of the distribution sector on the real exchange rate, controlling for the Balassa-Samuelson effect, as well as other macro variables. Long-run coefficients are estimated using a panel dynamic OLS estimator. The main result is that an increase in the...
Persistent link: https://www.econbiz.de/10011398102
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Marketmaking middlemen
Gautier, Pieter; Hu, Bo; Watanabe, Makoto - 2016
; the other is a market-making mode by which an intermediary offers a platform for buyers and sellers to trade with each …
Persistent link: https://www.econbiz.de/10011517977
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Two-sided markets and electronic intermediaries
Jullien, Bruno (contributor) - 2004
The object of this paper is to discuss on-line intermediation from the perspective of two-sided markets. It builds a simple model of the intermediation activity when trading partners are involved in a commercial relationship and uses it to illustrate some of the results that emerge in the...
Persistent link: https://www.econbiz.de/10002521690
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Same same but different : dialects and trade
Lameli, Alfred; Nitsch, Volker; Südekum, Jens; Wolf, … - 2013
Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade … that this trade-promoting effect of language is likely to reflect cultural ties, rather than lower costs of communication … local dialect between regions have a sizable and significant positive impact on intra-national trade. We interpret this …
Persistent link: https://www.econbiz.de/10009743772
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The scope of cooperation : values and incentives
Tabellini, Guido Enrico (contributor) - 2008
Persistent link: https://www.econbiz.de/10003641773
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A different look at Lenin's legacy : trust, risk, fairness and cooperativeness in the two Germanies
Heineck, Guido; Süssmuth, Bernd - 2010
What are the long-term effects of Communism on economically relevant notions such as social trust? To answer this question, we use the reunification of Germany as a natural experiment and study the post-reunification trajectory of convergence with regard to individuals' trust and risk, as well...
Persistent link: https://www.econbiz.de/10008697515
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Culture and cooperation
Gaechter, Simon; Herrmann, Benedikt; Thöni, Christian - 2010
Does the cultural background influence the success with which genetically unrelated individuals cooperate in social dilemma situations? In this paper we provide an answer by analyzing the data of Herrmann et al. (Science 2008, pp. 1362-1367), who study cooperation and punishment in sixteen...
Persistent link: https://www.econbiz.de/10003974191
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The political economy of intergenerational cooperation
Cigno, Alessandro (contributor) - 2005
The paper examines the scope for mutually beneficial intergenerational cooperation, and looks at various attempts to theoretically explain the emergence of norms and institutions that facilitate this cooperation. After establishing a normative framework, we examine the properties of the...
Persistent link: https://www.econbiz.de/10003299364