Showing 1 - 10 of 796
Prior research shows grocery stores reduce prices to compete with Walmart Supercenters. This study finds evidence that the competitive effects of two other big box retailers - Costco and Walmart-owned Sam's Club - are quite different. Using city-level panel grocery price data matched with a...
Persistent link: https://www.econbiz.de/10013122463
This paper develops a dynamic model of retail competition and uses it to study the impact of the expansion of a new …
Persistent link: https://www.econbiz.de/10013099418
This paper provides experimental evidence on the effect of increased competition on prices and quality in the retail … areas where the number of entrants was larger. Competition seems to have driven part of the clientele away from incumbent …
Persistent link: https://www.econbiz.de/10013055197
Consumers often benefit from increased competition in differentiated product settings. In this paper we consider … consumer benefits from increased competition in a differentiated product setting: the spread of non-traditional retail outlets …
Persistent link: https://www.econbiz.de/10013234406
We analyze a number of unstudied aspects of retail electricity competition. We first explore the implications of load … homogeneous up to a scaling factor. In general, the combination of retail competition and load profiling does not yield the second … consumption, retail competition yields the Ramsey prices even when consumers can only partially respond to variations in real time …
Persistent link: https://www.econbiz.de/10013247282
The standard economic model of efficient competitive markets relies on the ability of sellers to charge prices that vary as their costs change. Yet, there is no restructured electricity market in which most retail customers can be charged realtime prices (RTP), prices that can change as...
Persistent link: https://www.econbiz.de/10013247631
Regulations aimed at curbing the entry of large retail stores have been introduced in many countries to protect independent retailers. Analyzing a planning reform launched in the United Kingdom in the 1990s, I show that independent retailers were actually harmed by the creation of entry barriers...
Persistent link: https://www.econbiz.de/10013061111
In all modern industrial countries, redistributive expenditures are a larger component of the government budget than consumption of goods and services. In this paper, we use a general equilibrium, two- country model with exportables, importables and nontradables to study redistribution across...
Persistent link: https://www.econbiz.de/10013138851
industrial policies allocated to competitive sectors or that foster competition in a sector increase productivity growth. We … measure competition using the Lerner Index and include as industrial policies subsidies, tax holidays, loans, and tariffs …. Measures to foster competition include policies that are more dispersed across firms in a sector or measures that encourage …
Persistent link: https://www.econbiz.de/10013106960
The economic costs of environmental regulations have been widely debated since the U.S. began to restrict pollution emissions more than four decades ago. Using detailed production data from nearly 1.2 million plant observations drawn from the 1972-1993 Annual Survey of Manufactures, we estimate...
Persistent link: https://www.econbiz.de/10013065447