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The literature on vertical integration in markets with regulated upstream prices suggests that the integrated upstream firm might engage in non-price discrimination. Several studies provide policy recommendations derived either from case study approaches or based on theoretical modeling which...
Persistent link: https://www.econbiz.de/10009424138
Office in Germany prohibited further forward integration of gas importing firms with retail incumbents from 2005/2006 to 2010 … sectional data (for September 2009) for about 500 sub markets for household customers in Germany. These submarkets have …
Persistent link: https://www.econbiz.de/10009658184
The surge in interfirm cooperative agreements can be seen as expressing a way for firms to respond to and to organize … relations between innovating firms, suppliers and users, using data from Germany. The analysis is based on a survey conducted by … the "Center for European Economic Research" (Mannheim, Germany) among 3122 firms representing 378 different lines of …
Persistent link: https://www.econbiz.de/10011440720
Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries and has been implemented in many jurisdictions. The idea of separating the network, as the natural monopoly, from downstream retailing, which may be exposed to competition, is...
Persistent link: https://www.econbiz.de/10011932606
A new type of player occurs in the sharing economy: a vertically integrated consumer who owns production facilities and has direct market access, often termed "active prosumer". The prosumer faces a trade-off between market transaction cost and substantial strategic potential to influence both...
Persistent link: https://www.econbiz.de/10011790461
This paper explores the effect of bargaining in vertical relationships on the profitability of suppliers’ R&D investments. Studies on the relationship between R&D and firm profitability mostly concentrate on the impact of horizontal market structure and neglect vertical interac-tions. Building...
Persistent link: https://www.econbiz.de/10010425660
We analyze the effects of downstream firms’ acquisition of pure cash flow rights in an efficient upstream supplier when all firms compete in prices. With an acquisition, downstream firms internalize the effects of their actions on their rivals’ sales. Double marginalization is enhanced....
Persistent link: https://www.econbiz.de/10009512802
This paper shows that earnings losses after unemployment increase with age. First, older employees start out with relatively high earnings in comparison to employees without employment interruptions several years before the non-employment spell. This earnings advantage turns into a strong...
Persistent link: https://www.econbiz.de/10003728393
Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10003728424
Using data from the German Socio-Economic Panel for the years 2000 to 2006 we analyze the determinants and labor market effects of educational dropout. In addition to classical variables like family background and occupation, we examine noncognitive skills and Internet use. Noncognitive skills...
Persistent link: https://www.econbiz.de/10003728547