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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

The equilibrium value of the Euro/$ US exchange rate : an evaluation of research

Stein, Jerome L. - 2001

The ultimate object of research concerning the Euro is to answer the following questions: (#1) What is the equilibrium trajectory of the nominal euro, measured as dollars/euro? (#2) To what extent has the equilibrium nominal euro been determined by relative prices (PPP), and to what extent has...

Persistent link: https://www.econbiz.de/10011399350

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

Trade and the spatial distribution of transport infrastructure

Felbermayr, Gabriel; Tarasov, Alexander - 2015 - This version: November 2015

The distribution of transport infrastructure across space is the outcome of deliberate government planning that reflects a desire to unlock the welfare gains from regional economic integration. Yet, despite being one of the oldest government activities, the economic forces shaping the endogenous...

Persistent link: https://www.econbiz.de/10011392697

The persistent effects of place-based policy : evidence from the West-German Zonenrandgebiet

Ehrlich, Maximilian von; Seidel, Tobias - 2015 - This version: May 2015

Using a natural experiment from Germany, we show that temporary place-based subsidies generate persistent effects on economic density. We identify employment and capital formation as main channels for higher income per square kilometer. As the spatial regression discontinuity design allows us to...

Persistent link: https://www.econbiz.de/10010528973

A spatial approach to energy economics : theory, measurement and empirics

Moreno Cruz, Juan; Taylor, Michael Scott - 2014

This paper sets out a simple spatial model of energy exploitation to ask how the location and productivity of energy resources may affect the distribution of economic activity around the globe. We combine elements from resource and energy economics into one framework linking the spatial...

Persistent link: https://www.econbiz.de/10010367406

Regional policy evaluation : interactive fixed effects and synthetic control

Gobillon, Laurent; Magnac, Thierry - 2014

In this paper, we investigate the use of interactive effect or linear factor models in regional policy evaluation. We contrast treatment effect estimates obtained by Bai (2009)'s least squares method with the popular difference in differences estimates as well as with estimates obtained using...

Persistent link: https://www.econbiz.de/10010434019

Economic geography and the efficiency of environmental regulation

Hollingsworth, Alex; Jaworski, Taylor; Kitchens, Carl T.; … - 2022

We develop a spatial equilibrium model to evaluate the efficiency and distributional impacts of the leading air quality regulation in the United States: the National Ambient Air Quality Standards (NAAQS). We link our economic model to an integrated assessment model for air pollutants which...

Persistent link: https://www.econbiz.de/10013167159

The political geography of cities

Bluhm, Richard; Lessmann, Christian; Schaudt, Paul - 2021

We study the link between subnational capital cities and urban development using a global data set of hundreds of first-order administrative and capital city reforms from 1987 until 2018. We show that gaining subnational capital status has a sizable effect on city growth in the medium run. We...

Persistent link: https://www.econbiz.de/10012652841

Endogenous spatial production networks : quantitative implications for trade and productivity

Panigrahi, Piyush - 2021

Larger Indian firms selling inputs to other firms tend to have more customers, tend to be used more intensively by their customers, and tend to have larger customers. Motivated by these regularities, I propose a novel empirical model of trade featuring endogenous formation of input-output...

Persistent link: https://www.econbiz.de/10012697136