Békés, Gábor; Koren, Miklós; Zsohár, Péter - 2011
locally only. In this study we analyze how market structure, geographical attributes and in particular, demand will influence … purely region/local market specific attributes. Second, we extend the estimation of the demand side and partly use it as … instruments. Local GDP and population density are two common proxies for demand. We extend the analysis from households to contain …
