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sales. This paper offers a new method of evaluating the accuracy of these apportionment rules and the ownership distortions … example, the magnitude of property, employment and sales explains less than 22 percent of the variation in profits between …
Persistent link: https://www.econbiz.de/10013152089
interest in music not generating revenue through individual track sales - unpaid consumption and deadweight loss - into … willingness to pay for the bundled offering. On the other hand, streaming may displace traditional individual track sales. Even if … they displace sales, streams may however still raise overall revenue if the streaming payment is large enough in relation …
Persistent link: https://www.econbiz.de/10013013191
advertising to acquire new customers and thereby shift demand and increase sales. In the second, they use temporarily low markups …
Persistent link: https://www.econbiz.de/10013224339
illustrate this approach using search engine query data as predictors for consumer sentiment and gun sales …
Persistent link: https://www.econbiz.de/10013062413
Recently economists have begun to consider the causes and consequences of religious participation. An unanswered question in this literature is the effect upon individuals of changes in the opportunity cost of religious participation. In this paper we identify a policy-driven change in the...
Persistent link: https://www.econbiz.de/10012779615
illustrate how the ratio of initial expected sales to the sales threshold can be manipulated to equate the value of the landlord …-neutral framework, and sensitivity of the results to interest rate uncertainty, real sales volatility and growth, and the required risk …
Persistent link: https://www.econbiz.de/10012762979
We review major changes in the economics of the US retail sector over the past 15-20 years and discuss what these portend for the future evolution of retail. The sector has been shrinking in relative size over the long term, though this stopped around the onset of the Great Recession. Retail has...
Persistent link: https://www.econbiz.de/10013017493
The elasticity of substitution between home and foreign goods is one of the most important parameters in international economics. The international macro literature, which is primarily concerned with short-run business cycle fluctuations, assigns a low value to this parameter. The international...
Persistent link: https://www.econbiz.de/10013087445
This paper develops and estimates a model of indivisibilities in shipping and economies of scale in consolidation. It uses highly detailed data on imports for which it is possible to observe the contents of individual containers. In the model, a firm is able to adapt to indivisibility...
Persistent link: https://www.econbiz.de/10012920901
The level of diseconomies of scale in asset management has important implications for tests of manager skill and the expected level of performance persistence. To identify the causal impact of fund size on future returns, we exploit the fact that small differences in returns can cause discrete...
Persistent link: https://www.econbiz.de/10013138476