across countries, we show that these expenditures explain the relative rise of concentration and market power in the US …

In the automobile industry, as in many tradable goods markets, firms usually earn their highest market share within … their domestic market. The goal of this paper is to disentangle the supply- and demand-driven sources of the home market … advantage. While trade costs, foreign production costs, and taste heterogeneity all matter for market outcomes, we find that a …

forever. And that may well be happening in the market for high-end Bordeaux wines …

, wine in particular, rebounded through all forms of media. In the spring of 2003, French business people even reported that … the boycott calls were hurting their U.S. sales. Using a dataset of sales of nearly 4,700 individual wine brands, we show … that there actually was no boycott effect. Rather, sales of French wine dipped for two reasons. First, they experience a …

The French Opposition to the war in Iraq in early 2003, prompted calls for a boycott of French wine in the US. We …

This paper investigates changes in cultural consumption patterns for a low concentration industry: wine and beer. Using … data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 … and consumption patterns -- although the relative consumption of wine can be explained well in 1963 by grape production …

particular industry, the California wine industry. In both a formal model and an empirical analysis, we examine the implications … of these motivations for market behavior. We find evidence that owners with strong non-financial motivations choose …

a unit of alcohol in beer, in wine and in spirits. This paper provides some new empirical evidence of what effect … consumption results from an increase in spirits taxes, followed by beer taxes and then wine taxes. This suggests that the existing … generally accepted taxation policy of placing the highest tax on spirits, a lower tax on beer, and the lowest tax on wine …

satisfaction grow in market size. We document this phenomenon across 246 US radio markets. By a mechanism that we term 'preference … externalities', an increase in the size of the market brings forth additional products valued by others with similar tastes. But who … possibly reduced) by the size of the white population. Consequently, small groups receive less variety from the market. Forces …

Digital platforms like Uber can enhance market transparency and mitigate moral hazard via ratings of buyers and sellers …