Showing 1 - 10 of 3,018
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
part, due to app service failure(s). Do app failures influence purchases made within the online channel? Are there any …
Persistent link: https://www.econbiz.de/10011980060
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
This paper concerns the operation of competition in the presence of a high rate of innovation and increasing returns …. Given free competition there is likely to exist, in this case, a tendency towards what may be called ‘dynamic equilibrium … this investment yields only a normal return. Thus, competition, increasing returns and innovation may co-exist. …
Persistent link: https://www.econbiz.de/10005627370
between product market competition and the level of innovative activity in an industry. Recent empirical papers point to an … inverted-U shape relationship between competition and innovation. Our paper offers theoretical support to these results while … show that firms solve this trade-off precisely so as to generate the inverted-U shape relationship. When the competition in …
Persistent link: https://www.econbiz.de/10008548840