Showing 1 - 10 of 11,819
framework and firm-level prices and quantities data for detailed products allowing us to both measure demand, and its changes …. This in turn allows us to measure how changes in TFP-Q, demand and markups ultimately affected revenue TFP, as well as …-recession is due to both a weakening of demand and a decreasing TFP-Q pushing down sales, markups, revenue TFP and labour …
Persistent link: https://www.econbiz.de/10012425661
We develop a new econometric framework that simultaneously allows recovering heterogeneity in demand, TFP and markups … quantify TFP, demand and markups and show how they are correlated among them, across time and with measures obtained from other …
Persistent link: https://www.econbiz.de/10011506813
This paper presents a tractable formalization and an empirical investigation of the quality-complementarity hypothesis, the hypothesis that input quality and plant productivity are complementary in generating output quality. We embed this complementarity in a general-equilibrium trade model with...
Persistent link: https://www.econbiz.de/10010277014
import prices, suggesting that rich countries trade goods of relatively higher quality. Instead of relying on specific demand …
Persistent link: https://www.econbiz.de/10010321451
We analyze vertical product differentiation in a model where a good's quality is unobservable to buyers before purchase, a continuum of quality levels is technologically feasible, and minimum quality is supplied under competitive conditions. After purchase the true quality of the good is...
Persistent link: https://www.econbiz.de/10010261256
This paper studies the interactions between the structure of product demand, relative wages, and the allocation of … labour as well. Differences in tastes and incomes across households generate demand for both high-quality varieties and the …
Persistent link: https://www.econbiz.de/10010277363
demand for first-generation wireless services using (i) consumerlevel panel data from a real world pricing experiment and (ii … conditional usage probability small. Demand for first-generation wireless services was highly elastic and the welfare gains to an … (early) adopter moderate. Pricing and taxation of wireless services had a large suppressing effect on demand …
Persistent link: https://www.econbiz.de/10010285085
In this paper we study the impact of the income distribution on innovation through the demand for quality goods. For …
Persistent link: https://www.econbiz.de/10010263108
This paper investigates the possibility that wealth (holdings of money) serves as a signal of ability to produce high quality products for agents who cannot directly observe the quality of the products. A producer's wealth may advertise past success in selling products to agents who knew the...
Persistent link: https://www.econbiz.de/10010266277
in mark-ups. Demand also suffered a conspicuous decline. Our results suggest that non-stressed countries seem to enjoy a … stronger recovery in terms of fundamentals like quantity TFP, demand and mark-ups than stressed countries. Yet, their overall …
Persistent link: https://www.econbiz.de/10011606059