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We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups … quantify TFP, demand and markups and show how they are correlated among them, across time and with measures obtained from other …
Persistent link: https://www.econbiz.de/10011417711
framework and firm-level prices and quantities data for detailed products allowing us to both measure demand, and its changes …. This in turn allows us to measure how changes in TFP-Q, demand and markups ultimately affected revenue TFP, as well as …-recession is due to both a weakening of demand and a decreasing TFP-Q pushing down sales, markups, revenue TFP and labour …
Persistent link: https://www.econbiz.de/10012387534
We study planned price changes in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand deficiencies dominate in the short run. Quarter … role for demand stimulus policy to buffer the Covid-19 economic crisis. …
Persistent link: https://www.econbiz.de/10012238496
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
This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … enforcement. -- cartel formation ; demand linkage ; antitrust enforcement …
Persistent link: https://www.econbiz.de/10003850139
Uncertainty about the level of demand is thought to influence irreversible capacity decisions. This paper examines some … capacity sufficient to supply positive local demand shocks. In the presence of uncertain demand, firms may choose to serve … the average level of excess capacity and demand volatility only for coastal areas. An increase in demand volatility is …
Persistent link: https://www.econbiz.de/10008696743
We analyze the demand and supply characteristics of the Indian telecommunications market, in order to assess the … and demand characteristics, using a small time-series-cross-section dataset on Indian States. We suggest that the price … elasticity of demand for mainlines might be sensibly higher than the levels usually found in developed countries, while the …
Persistent link: https://www.econbiz.de/10008806687
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