. -- offshoring : import competition ; wage bargaining ; oligopoly ; redistribution …

In a recent paper, Alipranti et al. (2014, Price vs. quantity competition in a vertically related market, Economics … Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … Bertrand competition if the upstream firm subsidises the quantity setting downstream firm's production via negative wholesale …

competition environments affect product prices. Using big data, we find that price variations are caused mainly by differential … competitive environments. More specifically, we find that Brand Competition Within Stores exerts the largest downward pressure on … prices. A 10 percent increase in the number of brands reduces prices by about 10 percent. Product Competition Within Stores …

of the trade union. Intensified product market competition decreases profit sharing, but increases the negotiated base … higher wage elasticity of labor demand. Finally, we show that intensified product market competition does not necessarily …

equilibrium unemployment. The relationship between the long-run unemployment and the intensity of product market competition is …

This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product … extent of competition from substitute products. I estimate that, in 2019, public corporations produced consumer surplus in … excess of 10 US$ trillions (against $3 trillions of profits). Oligopoly lowers total surplus by 11.5% and depresses consumer …

This paper studies the welfare consequences of a vertical merger that raises rivals costs when downstream competition …, that this result extends to price competition with differentiated products. …

more agressive, which triggers price competition and potentially deters entry by generic producers. To investigate the … branded and generic drug prices and branded market shares. Despite fiercer price competition, the number of generic producers …