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This paper aims to provide empirical researchers with an overview of the methodological issues that arise when estimating total factor productivity at the establishment level, as well as of the existing techniques designed to overcome them. Apart from the well-known simultaneity and selection...
Persistent link: https://www.econbiz.de/10010313412
In econometrics some nonparametric instrumental regression models and nonparametric demand models with endogeneity lead …
Persistent link: https://www.econbiz.de/10011411755
study the correlation of the estimated parameters and markups with the firm-level productivity growth. Second, the paper … contributes to literature on the structural identification of production functions in two ways. As a first step, it reviews the … price, and the collinearity among input factors of production. Additionally, we propose an identification strategy that …
Persistent link: https://www.econbiz.de/10010500435
Electronic shelf label (ESL) is an emerging price display technology around the world. While these new technologies require non-trivial investments by the retailer, they also promise significant operational efficiencies in the form of savings in material, labor and managerial costs. The presumed...
Persistent link: https://www.econbiz.de/10012052133
be very difficult in practice. This preliminary draft applies a new methodology combining a simple price correlation test …
Persistent link: https://www.econbiz.de/10011929833
Electronic shelf label (ESL) is an emerging price display technology around the world. While these new technologies require non-trivial investments by the retailer, they also promise significant operational efficiencies in the form of savings in material, labor and managerial costs. The presumed...
Persistent link: https://www.econbiz.de/10012387264
In January 2014, Mexico addressed its epidemic of obesity by implementing an excise tax of 1 peso (1 MXN) per liter on soft drinks. This study evaluates the pass-through of the tax, the influence on the tax of competition among different stores, and the after-tax price dispersion. Using an...
Persistent link: https://www.econbiz.de/10013205109
On average, small business support projects appear to improve beneficiary sales, and the growth effect is obvious when supporting young or growing firms. However, the effect is largely offset by sales reductions due to overcrowding. Small business support projects must be operated in two ways to...
Persistent link: https://www.econbiz.de/10012203849
We propose a demand model where consumers simultaneously choose a few different goods from a large menu of available … goods, and choose how much to consume of each good. The model nests multinomial discrete choice and continuous demand … consumers purchasing different numbers of types of goods. We show semiparametric identification of the model. We apply the model …
Persistent link: https://www.econbiz.de/10012146397
9-ending prices are a dominant feature of many retail settings, which according to the existing literature, is because consumers perceive them as being relatively low. Are 9-ending prices really lower than comparable non 9-ending prices? Surprisingly, the empirical evidence on this question is...
Persistent link: https://www.econbiz.de/10012016735