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One of the most notable changes in the U.S. retail market over the past twenty years has been the rise of Big Box stores, retail chains characterized by physically large stores selling a wide range of consumer goods at discount prices. A growing literature has examined the impacts of Big Box...
Persistent link: https://www.econbiz.de/10011075128
The New Economic Geography literature allows detailed analysis of the factors that determine the location decisions of firms in integrated markets. However, the competitive process is modelled in a rather rudimentary way, and the empirical evidence has usually been obtained from reduced-form...
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I introduce non-perfect substitutability between products into the spatial Bertrand model. I show that if goods are complements, the firms always agglomerate. If goods are substitutes, the firms agglomerate if the transportation costs are not too high. Copyright Springer-Verlag Berlin Heidelberg...
Persistent link: https://www.econbiz.de/10010681335
available varieties among consumers can lead to the agglomeration of commercial activities. Here, the source of agglomeration is … matching. By constructing a two-region model, we show that two distribution patterns – segregation and full agglomeration – may … agglomeration – may emerge when consumers pay different amounts of transport cost. …
Persistent link: https://www.econbiz.de/10010666188
incidence of state gasoline excise taxes. Standard economic theory predicts full shifting of the excise tax to consumers when …
Persistent link: https://www.econbiz.de/10005512005
This paper provides an analysis of outsourcing and trade in a spatial model à la Hotelling. In this setting, we discuss the trade-off between transport cost related disadvantages and outsourcing-induced production cost advantages of a large economy. The model gives a rich picture of possible...
Persistent link: https://www.econbiz.de/10005481987
This paper presents a model whereby banking firms use various strategies (price and non-price) simultaneously in a monopolistically competitive model of spatial competition when the various strategies are used across different markets in the presence of a multioutput technology. The theoretical...
Persistent link: https://www.econbiz.de/10005437926
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