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Pass-Through in Retail and Wholesale
Nakamura, Emi - 2010
This paper studies how prices comove across products, firms and locations to gauge the relative importance of retailer versus manufacturer-level shocks in determining prices. I make use of a large panel data set on prices for a cross-section of retailers in the U.S. I analyze prices at the...
Persistent link: https://www.econbiz.de/10012759358
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The Industrial Revolution in Services
Hsieh, Chang-Tai - 2019
The rise in national industry concentration in the US between 1977 and 2013 is driven by a new industrial revolution in three broad non-traded sectors: services, retail, and wholesale. Sectors where national concentration is rising have increased their share of employment, and the expansion is...
Persistent link: https://www.econbiz.de/10012868346
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Hours of Work and the Fair Labor Standards Act : A Study of Retail and Wholesale Trade, 1938-1950
Costa, Dora L. - 2021
1950 by comparing workers in wholesale trade, a sector which was covered by the Act, with those in retail trade, a sector … employment in wholesale trade minimum wage provisions of the Act probably reduced it …
Persistent link: https://www.econbiz.de/10013237008
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The Effect of Price Advertising and Prices : Evidence in the Wake of 44 Liquormart
Milyo, Jeff; Waldfogel, Joel - 2021
In May 1996 the U.S. Supreme Court struck down Rhode Island's ban on advertising prices of alcoholic beverages, making Rhode Island the subject of a natural experiment for measuring the impact of advertising on prices. Using Massachusetts prices as controls, we find that while advertising stores...
Persistent link: https://www.econbiz.de/10013237253
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Wealth Transfers from Implementing Real-Time Retail Electricity Pricing
Borenstein, Severin - 2021
Adoption of real-time electricity pricing %u2014 retail prices that vary hourly to reflect changing wholesale prices %u2014 removes existing cross-subsidies to those customers that consume disproportionately more when wholesale prices are highest. If their losses are substantial, these customers...
Persistent link: https://www.econbiz.de/10013213462
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Wholesalers and Retailers in U.S. Trade (Long Version)
Bernard, Andrew B. - 2010
We combine data on individual trade transactions from U.S. customs records with comprehensive information on firms … along a number of dimensions: they are smaller in terms of employment, trade value and domestic sales, operate fewer U … within the boundaries of the firm, on the other hand, are substantially larger. They trade more products, trade with more …
Persistent link: https://www.econbiz.de/10013148857
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Regulation, Distribution Efficiency, and Retail Density
Flath, David - 2021
After outlining characteristics of Japan's distribution sector, a comprehensive international comparison of it to those of other nations is presented and analyzed for underlying differences. This leads to an explanation of Japan's retail store density, which is then related to the structure of...
Persistent link: https://www.econbiz.de/10013230963
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Is the Japanese Distribution System Really Inefficient?
Ito, Takatoshi; Maruyama, Masayoshi - 2022
This paper investigates the efficiency of the Japanese distribution system, measured by the distribution margin. Most of the discussions on the Japanese distribution system have so far relied on institutional descriptions and anecdotal evidence, failing to substantiate the case. The present...
Persistent link: https://www.econbiz.de/10013308486
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Entrepreneurship in International Trade
Rauch, James E. - 2011
Motivated by evidence on the importance of incomplete information and networks in international trade, we investigate … the supply of 'network intermediation.' We hypothesize that the agents who become international trade intermediaries first … survey of international trade intermediaries. We then build a simple general-equilibrium model of this type of …
Persistent link: https://www.econbiz.de/10013125439
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The Value of Information in International Trade : Gains to Outsourcing Through Hong Kong
Feenstra, Robert C.; Hanson, Gordon H.; Lin, Songhua - 2021
In this paper, we estimate the benefits to countries that purchase goods from China of having access to intermediary services provided by Hong Kong. Traders in Hong Kong supply information on markets and producers in China, which provides welfare gains to foreign firms using these services....
Persistent link: https://www.econbiz.de/10013221844