Showing 1 - 10 of 652
We consider the welfare effects of skilled worker emigration in a context where skilled labor plays a role in product design. We show such emigration can benefit the residents left behind, even when consumers' tastes exhibit a form of home bias. This is because emigration improves the design of...
Persistent link: https://www.econbiz.de/10010274534
This paper studies the interactions between the structure of product demand, relative wages, and the allocation of economic activity across two sectors. The agrarian sector produces a homogeneous good and consists of informal firms employing adults and children. The modern sector produces a...
Persistent link: https://www.econbiz.de/10010277363
(QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find …
Persistent link: https://www.econbiz.de/10010316749
and trade in which duopolistic firms face quality-dependent costs and compete in quality and price in two segmented …
Persistent link: https://www.econbiz.de/10010297292
A quota on foreign competition will generally lead to quality-upgrading (downgrading) of the low-quality (high-quality) firm, an increase in average quality, a reduction of quality differentiation, and a reduction of domestic consumer surplus, irrespective of whether the foreign firm produces...
Persistent link: https://www.econbiz.de/10010297879
and price in two segmented markets. Minimum quality standards, set according to the principle of Mutual Recognition, can …
Persistent link: https://www.econbiz.de/10010298134
Hospital markets are often characterised by price regulation and the existence of different ownership types. Using a …, profits, and overall welfare in a price regulated duopoly with exogenous symmetric locations. In contrast to other studies on … driving force is the single regulated price which induces under-(over-)provision of quality of the more (less) efficient …
Persistent link: https://www.econbiz.de/10010302580
This paper examines the competition of nonprofit sickness funds in the market for supplementary health insurance. We investigate product quality strategies when quality is costly and the sickness funds are competing for customers. As long as the sickness funds choose the qualities for...
Persistent link: https://www.econbiz.de/10010327598
In this paper, I compare two-part tariff competition to linear pricing in a vertically differentiated duopoly. Consumers have identical tastes for quality but differ in their preferences for quantity. The main finding is that quality differentiation occurs in equilibrium if and only if two-part...
Persistent link: https://www.econbiz.de/10010263184
We analyze the effects of accidents and liability obligations on the incentives of car manufacturers to monopolize the markets for their spare parts. We show that monopolized markets for spare parts lead to higher overall expenditures for consumers. Furthermore, while the manufacturers invest...
Persistent link: https://www.econbiz.de/10010265005