Showing 1 - 10 of 3,064
Amazon and the major publishers in the e-book market require competition policy action. The standard antitrust instruments …
Persistent link: https://www.econbiz.de/10011492143
In the last decade, many European countries have seen a sharp increase in the number of automated fueling stations. We study the effect of this process innovation on prices at stations that are automated and their competitors using a difference-in-differences matching strategy. Our estimates...
Persistent link: https://www.econbiz.de/10011648312
In the presence of strong economies of scale, a fall in transport costs can lead to a more pronounced geographical concentration of production. This is very apparent in the growing concentration of breweries in England from 1900-1970. The number of breweries in England fell sharply between 1900...
Persistent link: https://www.econbiz.de/10014166802
This paper examines the effect of Walmart's entry into Mexico on Mexican manufacturers of consumer goods. Guided by firm interviews that suggested substantial heterogeneity across firms in how they responded to Walmart's entry, we develop a dynamic industry model in which firms decide whether to...
Persistent link: https://www.econbiz.de/10011190997
and market size of the innovation. The appropriate degree of market power is never full monopoly pricing and is determined … empirical calibration. The framework has applications beyond IP policy to the optimal pricing of platforms or the optimal …
Persistent link: https://www.econbiz.de/10013115803
The mixed-demand model allows for very flexible specification of what should be considered endogenous and exogenous in demand system estimation. This paper introduces a revealed preference framework to analyze the mixed-demand model. The proposed methods can be used to test whether observed data...
Persistent link: https://www.econbiz.de/10014278164
competition. The model is built on the assumption of a product market and has not yet been empirically tested on service …-sector firms. Using detailed firm-level data, we find the inverse U-shaped relation to hold for both small and large service …-sector firms. However, non-exporting service firms deviate from the overall pattern. A more detailed breakdown of innovation …
Persistent link: https://www.econbiz.de/10010281438
competition. The model is built on the assumption of a product market and has not yet been empirically tested on service …. -- R&D ; innovation ; competition ; service sector …-sector firms. Using detailed firm-level data, we find the inverse U-shaped relation to hold for both small and large service …
Persistent link: https://www.econbiz.de/10003766821
Which kind of intellectual property regime is more favorable to innovation: one that enforces patents or one that does not? Economic theory is unable to answer this question, as valid arguments can be made both for and against patents; hence we must turn to empirical evidence. In this paper, we...
Persistent link: https://www.econbiz.de/10013064342
This paper examines how market competition affects the intensity and breadth of innovation. I assembled a unique … between price competition and innovation. When collusion suppressed price competition, colluding firms increased patent … technology classes increased by 30%. When competition was restored by collusion breakdown, the increased and broadened innovation …
Persistent link: https://www.econbiz.de/10012844444