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Barriers to Entry and Profitability
Heger, Diana; Kraft, Kornelius - 2008
Barriers to entry are regarded as major impediments to the working of markets. Entry must not necessarily actually take place - the perceived threat of entry may encourage incumbent firms to behave as if they are in a competitive market, even if they are not. We present empirical evidence on...
Persistent link: https://www.econbiz.de/10010298648
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Inventories, lumpy trade, and large devaluations
Alessandria, George; Kaboski, Joseph P.; Midrigan, Virgiliu - 2008
Fixed transaction costs and delivery lags are important costs of international trade. These costs lead firms to import infrequently and hold substantially larger inventories of imported goods than domestic goods. Using multiple sources of data, we document these facts. We then show that a...
Persistent link: https://www.econbiz.de/10010292145
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Subadditivity and contestability in the postal sector: Theory and evidence
El Masri, Toufic M. - 2011
the basic conditions of natural monopoly theory and to review the approaches and results of the studies dealing with this …
Persistent link: https://www.econbiz.de/10010281763
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The Economic Approach to Political Borders
Spolaore, Enrico - 2022
This paper overviews theoretical and empirical contributions that study political borders from an economic perspective. It reviews theories of the number and size of nations focused on the trade-off between economies of scale in public-good provision and heterogeneity of preferences over public...
Persistent link: https://www.econbiz.de/10014290075
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Russischer Agrarsektor im Aufschwung? Eine Analyse der technischen und Skaleneffizienz der Agrarunternehmen
Stange, Henriette; Lissitsa, Alexej - 2003
Spezialisierung auf die Effizienz untersucht. Um die Auswirkungen der Reformen und die Veränderungen in den Agrarunternehmen zu … der durchschnittlichen Effizienz im Vergleich von 1993 zu 2000. Bei der Betrachtung der Einflussfaktoren auf die … technische Effizienz hat die Wahl der Rechtsform keinen Einfluss. Hingegen beeinflussen Betriebsgröße und Spezialisierung die …
Persistent link: https://www.econbiz.de/10010299452
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Charity auctions for the happy few
Bos, Olivier - 2008
Recent literature has shown that all-pay auctions raise more money for charity than winner-pay auctions. We demonstrate …
Persistent link: https://www.econbiz.de/10010264437
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Efficient Fiscal Spending by Supranational Unions
Simon, Jenny; Valasek, Justin M. - 2013
decreasing efficiency, which becomes more severe as the centralized budget increases. We also analyze partial ex-ante commitment … through alternative decision-making institutions: Both majority rule and exogenous tax rules can improve efficiency. …
Persistent link: https://www.econbiz.de/10013370100
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The aggregate Le Chatelier Samuelson principle with Cournot competition
Koebel, Bertrand M.; Laisney, François - 2010
This paper studies the aggregate substitution and expansion effects triggered by changes in input prices, in a context where firms supply a homogenous commodity and compete in quantities à la Cournot. We derive a sufficient condition for the existence of a Cournot equilibrium and show that this...
Persistent link: https://www.econbiz.de/10010299963
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The Elasticities of Complementarity and Substitution
Broer, Peter - 2004
This paper argues that the conventional definition of the elasticity of complementarity is not well suited to deal with the case of increasing returns. It proposes a slightly different formula, that uses a distance function formulation instead of a production function. The proposed definition...
Persistent link: https://www.econbiz.de/10010325495
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Using firm optimization to evaluate and estimate returns to scale
Gorodnichenko, Yuriy - 2008
At the firm level, revenue and costs are well measured but prices and quantities are not. This paper shows that because of these data limitations estimates of returns to scale at the firm level are for the revenue function, not production function. Given this observation, the paper argues that,...
Persistent link: https://www.econbiz.de/10010268849