Showing 1 - 10 of 178
We analyze a sample of consumer-electronics products sold by the US NewEgg online-retailer to study the impact of Price Matching Guarantees (PMGs) policies on prices. By applying aDifference-in-Differences approach,we find that prices of the policy-adopting retailer increase by 4.7% during the...
Persistent link: https://www.econbiz.de/10014435142
The estimation of the employment effects of offshore safety and environmental regulation is often highly speculative and based on questionable assumptions. Nevertheless, it is still highly publicized and used as a basis for policy statements in support or, or in opposition to, proposed...
Persistent link: https://www.econbiz.de/10012159292
In an attempt to verify the pollution haven hypothesis, this study investigates the impact of environmental regulations on foreign direct investment (FDI). We use Korean outward FDI data covering the manufacturing sector for 2009-15. The study not only considers the stringency but also the...
Persistent link: https://www.econbiz.de/10012114612
This paper compares the welfare outcomes obtained under alternative unionization regimes (decentralized vs. centralized wage setting) in a duopoly market, in which shareholders delegate strategic decisions to biased (overconfident or underconfident) managers. In such a framework, the common...
Persistent link: https://www.econbiz.de/10013186449
We uniquely examine the relationship between firm-sponsored training and product quality competition. Using an oligopolistic model of both price and quality competition, we show that an increase in the sensitivity of demand to product quality will strengthen firms’ incentives to train their...
Persistent link: https://www.econbiz.de/10012120926
This paper investigates the issue of how alternative unionization structures in labour markets affect the choice of product quality differentiation by firms in product markets, and how this determines relative welfare outcomes of different union structures. In the presence of decentralized wage...
Persistent link: https://www.econbiz.de/10014464640
In a three-country model in which export countries adopt environmental policies, this note analyses how abatement ("green") subsidy can become a potential strategic trade policy tool. When governments set the optimal policy tool considering their local environmental damages, a rich set of...
Persistent link: https://www.econbiz.de/10013540623
We examine a deregulation of German pharmacists to assess its effects on retail and labor markets. From 2004 onward …. This partial deregulation of multi-store prohibition reduced the cost of firm expansion substantially and provides the … higher overall employment in the local markets, which increased by 40%, can be attributed to the deregulation. …
Persistent link: https://www.econbiz.de/10012533722
Assessing rent discounts implied by rent regulation is challenging because the counterfactual rents of regulated units in the unregulated market are not observed. We estimate these counterfactual rents and predict the quality-adjusted rent discount for each rent-stabilized unit in New York City...
Persistent link: https://www.econbiz.de/10013256776
This paper investigates the issue of strategic delegation by considering the role of management centrality in contracting with different stakeholders. Specifically, a sequential negotiation unionized duopoly model is analysed, in which the management relative bargaining power visà-vis...
Persistent link: https://www.econbiz.de/10012801884