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This paper studies how prices comove across products, firms and locations to gauge the relative importance of retailer …
Persistent link: https://www.econbiz.de/10012759358
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
the sequence of events is as follows. In a period, t, the supplier offers a contract to the retailer, and the retailer …In this paper, we examine a supply chain in which a single supplier sells to a downstream newsvendor-type retailer. We … excess inventory (we assume a lost sales model) to the next period. In period t 1, the supplier designs a new contract based …
Persistent link: https://www.econbiz.de/10014047671
contracts. Belief in the effectiveness of courts has a significant positive effect on the level of trust shown in new …
Persistent link: https://www.econbiz.de/10013224923
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
We combine data on individual trade transactions from U.S. customs records with comprehensive information on firms' employment from the Census Bureau's business register to examine wholesalers and retailers in U.S. exports and imports. Exporters and importers with 100 percent employment in...
Persistent link: https://www.econbiz.de/10013148857
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
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
I examine the impact of the overtime provisions of the Fair Labor Standards on weekly hours worked between 1938 and 1950 by comparing workers in wholesale trade, a sector which was covered by the Act, with those in retail trade, a sector which was not. I find that the Act reduced hours worked,...
Persistent link: https://www.econbiz.de/10013237008
competitive benchmark prices remains. We tentatively attribute this difference to supplier market power and related market …
Persistent link: https://www.econbiz.de/10013233014