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Limit pricing, climate policies, and imperfect substitution
Meijden, Gerard van der; Withagen, Cees - 2016
effective price of fossil close to that of renewables for considerable time. The empirical question whether energy demand is …
Persistent link: https://www.econbiz.de/10011557786
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Limit pricing and the (in)effectiveness of the carbon tax
Andrade de Sá, Saraly; Daubanes, Julien - 2014
Demand for oil is very price inelastic. Facing such demand, an extractive cartel induces the highest price that does … not destroy its demand, unlike the conventional Hotelling analysis: the cartel tolerates ordinary substitutes to its oil …
Persistent link: https://www.econbiz.de/10010428773
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Growth effects of non proprietary innovation
Saint-Paul, Gilles - 2002
by a monopoly owned by the inventor. We show that philanthropy does not necessarily increase long-run growth and that it …
Persistent link: https://www.econbiz.de/10011409970
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Inequality and market concentration, when shareholding is more skewed than consumption
Gans, Joshua; Leigh, Andrew; Schmalz, Martin C.; … - 2018
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …
Persistent link: https://www.econbiz.de/10011942732
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Soda tax incidence and design under monopoly
Cremer, Helmuth; Goulão, Catarina; Lozachmeur, Jean-Marie - 2019
solution. Then we consider a monopoly. Market power affects both output and sugar content, possibly in opposite directions, and …
Persistent link: https://www.econbiz.de/10011977149
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Negative tax incidence with multiproduct firms
D'Annunzio, Anna; Russo, Antonio - 2022
A fundamental result in the theory of commodity taxation is that taxes increase consumer prices and reduce supply …
Persistent link: https://www.econbiz.de/10013337551
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The dynamics of product and labor market power : evidence from Lithuania
Ding, Ziran; Garcia-Louzao, Jose; Jouvanceau, Valentin - 2024
This paper characterizes the power dynamics of firms in both product and labor markets in Lithuania between 2004 and 2018. We first show that both markets are not perfectly competitive, as both price markups and wage markdowns are far from unitary and homogeneous. Interestingly, we unveil that...
Persistent link: https://www.econbiz.de/10014452325
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Product differentiation and oligopoly : a network approach
Pellegrino, Bruno - 2023
This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product … embeds a novel, highly tractable and scalable demand system (GHL) that can be estimated for the universe of public …
Persistent link: https://www.econbiz.de/10013503368
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Modeling fluctuations in the global demand for commodities
Kilian, Lutz; Zhou, Xiaoqing - 2017
It is widely understood that the real price of globally traded commodities is determined by the forces of demand and … supply. One of the main determinants of the real price of commodities is shifts in the demand for commodities associated with …
Persistent link: https://www.econbiz.de/10011754229
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Dissipative advertising signals quality even without repeat purchases
Linnemer, Laurent (contributor) - 2008
Persistent link: https://www.econbiz.de/10003712507