Similar Search Results

Feenstra, Robert C. - 2007

We demonstrate how to estimate a model of product demand and oligopoly pricing when products are multi … informed by economic theory, we simultaneously estimate a demand system and price-cost margins for products differentiated in …

Persistent link: https://www.econbiz.de/10012777146

Price-Cost Margins, Exports and Productivity Growth : With an Application to Canadian Industries

Bernstein, Jeffrey I.; Mohnen, Pierre - 2022

machinery, electrical products and chemical products industries. The results show that there is significant oligopoly power in …

Persistent link: https://www.econbiz.de/10013324015

Dynamic Oligopoly and Price Stickiness

Wang, Olivier; Werning, Iván - 2022

strategic effects of oligopoly from the effects this has on residual demand, we compare our model to one with monopolistic firms …

Persistent link: https://www.econbiz.de/10013295732

Entry and Competition in Local Hospital Markets

Abraham, Jean Marie - 2010

There has been considerable consolidation in the hospital industry in recent years. Over 900 deals occurred from 1994-2000, and many local markets, even in large urban areas, have been reduced to monopolies, duopolies, or triopolies. This surge in consolidation has led to concern about...

Persistent link: https://www.econbiz.de/10012762095

Financial Entanglement : A Theory of Incomplete Integration, Leverage, Crashes, and Contagion

Garleanu, Nicolae - 2013

We propose a unified model of limited market integration, asset-price determination, leveraging, and contagion. Investors and firms are located on a circle, and access to markets involves participation costs that increase with distance. Despite the ex-ante symmetry of investors, their strategies...

Persistent link: https://www.econbiz.de/10013076913

Competition and Human Capital Accumulation : a Theory of Interregional Specialization and Trade

Rotemberg, Julio J.; Saloner, Garth - 2021

We consider a model with several regions whose technological ability and factor endowments are identical and in which transport costs between regions are non-negligible. Nonetheless, certain goods are sometimes produced by multiple firms all of which are located in the same region. These goods...

Persistent link: https://www.econbiz.de/10013230988

Carbon Taxes, Path Dependency and Directed Technical Change : Evidence from the Auto Industry

Aghion, Philippe - 2014

Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 countries over several decades. We show that...

Persistent link: https://www.econbiz.de/10013064941

International Evidence on Sticky Consumption Growth

Carroll, Christopher D. - 2008

We estimate the degree of amp;apos;stickinessamp;apos; in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a...

Persistent link: https://www.econbiz.de/10012772369

Exchange Rate Hysteresis : the Real Effects of Large vs Small Policy Misalignments

Baldwin, Richard E. - 2010

Using the sticky price monetary model of exchange rate determination and the sunk cost model of trade hysteresis, we … show that a sufficiently large policy misalignment can induce hysteresis in the trade balance and thereby alter the steady …, policy, and econometric implications. Since hysteresis in our model can entail industrial dislocation and the scrappage of …

Persistent link: https://www.econbiz.de/10012762758

The Real Exchange Rate, Innovation and Productivity : Heterogeneity, Asymmetries and Hysteresis

Alfaro, Laura - 2018

We evaluate manufacturing firms' responses to changes in the real exchange rate (RER) using detailed firm-level data for a large set of countries for the period 2001-2010. We uncover the following stylized facts about regional variation of manufacturing firms' integration into global value...

Persistent link: https://www.econbiz.de/10012918619

1
2
3
4
5
6
7
8
9
10
Next
Last