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probability of a decrease in firm-level costs, prices and profits. Exchange rate movements are passed through to import prices …, absorbed in firm selling prices and lead to adjustments in firm profits. The pattern is non-linear across firms with a varying … are not proportional such that overall profits decline during appreciation periods. …
Persistent link: https://www.econbiz.de/10010319717
probability of a decrease in firm-level costs, prices and profits. Exchange rate movements are passed through to import prices …, absorbed in firm selling prices and lead to adjustments in firm profits. The pattern is non-linear across firms with a varying … are not proportional such that overall profits decline during appreciation periods. …
Persistent link: https://www.econbiz.de/10009708078
This paper argues that the case of product differentiation of concentrated markets (i.e., innovation competition) is one where production per unit of profit of non-financial corporations is lower than in competitive mass production and profit share is not an increasing function of capacity...
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In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the viewpoint of the foreign country. Calibrating the model...
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