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Tax pass-through in the European beer market
Ardalan, Aria; Kessing, Sebastian - 2019
We study the pass-through of indirect taxes on beer prices in the European Union (EU). Exploiting the variation of … value added tax rates, beer excise tax rates, and beer prices in a panel of monthly data from 1996 to 2016 of all current 28 … EU member states, we estimate the tax pass-through of specific beer excise taxes and ad valorem value added taxes (VAT …
Persistent link: https://www.econbiz.de/10012002860
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Inside the white box : unpacking the determinants of quality and vertical specialization
Jaimovich, Esteban; Madzharova, Boryana; Merella, Vincenzo - 2021
This paper explores patterns of quality differentiation and specialization relying on model-level panel data of retail sales and prices of refrigerators across 23 countries in the European Union. Unlike customs data aggregated at the product category, typically used in the literature,...
Persistent link: https://www.econbiz.de/10012433943
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Term length and the quality of appointments
Glazer, Amihai; Kanniainen, Vesa - 2000
Consider a principal who appoints an agent. Let the agent potentially serve for a sufficiently long time that one principal is replaced by another over this period. Suppose also that the quality of the agent appointed increases with the effort the incumbent principal devotes to hiring. Then the...
Persistent link: https://www.econbiz.de/10009786719
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Quality certificates alleviate consumer aversion to sponsored search advertising
Hui, Xiang; Liu, Meng - 2022
We study consumer response towards sponsored search advertising and how to improve advertising performance on a large e-commerce platform. Our research design is based on a field experiment which randomizes the salience of ad disclosure to consumers, and a natural experiment which eradicates a...
Persistent link: https://www.econbiz.de/10013342873
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The end of tourist traps : a natural experiment on the impact of tripadvisor on quality upgrading
Donati, Dante - 2022
Asymmetric information can distort market outcomes. I study how the online disclosure of information affects consumers' behavior and firms' incentives to upgrade product quality in markets where information is traditionally limited. I first build a model of consumer search with firms' endogenous...
Persistent link: https://www.econbiz.de/10013285520
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Switching beers? : the effects of switching costs on prices and profits in competitive markets
He, Xiaoyang; Siebert, Ralph - 2021
We consider a dynamic oligopoly on the beer market and study the differential effects of switching costs on product … costs across customer income segments and beer brands. Our supply estimation results show that the low-quality firm …
Persistent link: https://www.econbiz.de/10012510220
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Asymmetric information and differentiated durable goods monopoly : intra-period versus intertemporal price discrimination
Laussel, Didier; Long, Ngo Van; Resende, Joana - 2021
A durable good monopolist faces a continuum of heterogeneous customers who make purchase decisions by comparing present and expected price-quality offers. The monopolist designs a sequence of price-quality menus to segment the market. We consider the Markov Perfect Equilibrium (MPE) of a game...
Persistent link: https://www.econbiz.de/10012619439
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Quality differentiation in durable goods monopoly always yields strictly positive profits
Laussel, Didier; Long, Ngo Van - 2021
A monopolist producing vertically differentiated durable goods can offer in each period a sequence of price-quality menus to segment the market. We show that, contrary to the Coase conjecture for the homogeneous durable good monopoly, thanks to the ability to produce differentiated durable...
Persistent link: https://www.econbiz.de/10012628729
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Managing trade : evidence from China and the US
Bloom, Nicholas; Manova, Kalina; Van Reenen, John; Sun, … - 2018
We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find broad support for the model's predictions. First,...
Persistent link: https://www.econbiz.de/10011864551
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The impact of trade agreements on world export prices
Flach, Lisandra; Gräf, Fabian - 2018
This paper uncovers new stylized facts on the relation between economic integration and world trade prices. Using export price data combined with data on 32 WTO (World Trade Organization) accessions by developing countries and hundreds of new PTAs (Preferential Trade Agreements), we show that a...
Persistent link: https://www.econbiz.de/10011846155