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also uneven across space, it also seems relevant to wonder about the effects of the geographic agglomeration of economic … activity. Moreover, it seems relevant to consider not only the levels of inequality and agglomeration, but also their change … specifications and introducing different measures for agglomeration at country level, especially urbanization and urban concentration …
Persistent link: https://www.econbiz.de/10011515023
Market delineation is a fundamental tool in modern antitrust analysis. However, the definition of relevant markets can be very difficult in practice. This preliminary draft applies a new methodology combining a simple price correlation test with hierarchical clustering -a method known from...
Persistent link: https://www.econbiz.de/10011911873
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This paper analyzes an important shock to local labor demand in the financial services sector: firm relocation to … sector explains this persistence, rather than direct productivity effects or agglomeration. …
Persistent link: https://www.econbiz.de/10011667818
This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a middleman mode by which an intermediary holds inventories...
Persistent link: https://www.econbiz.de/10011517977
We consider price-fee competition in bilateral oligopolies with perfectly-divisible goods, non … competition. Competition in both prices and fees necessarily emerges. It improves welfare compared to price competition, but …
Persistent link: https://www.econbiz.de/10013096526
We consider price-fee competition in bilateral oligopolies with perfectly-divisible goods, non expandable … competition. Competition in both prices and fees necessarily emerges. It improves welfare compared to price competition, but …
Persistent link: https://www.econbiz.de/10013097645
This paper examines the effect of capital subsidies after great disasters on the recovery of small and medium-sized enterprises (SMEs) using propensity score matching estimations. The estimates show that capital subsidies were effective for the recovery of the performance of SMEs in the retail...
Persistent link: https://www.econbiz.de/10012835340
There is a substantial theoretical literature on the location of retail facilities in space assuming that the spatial demand curve is known, or that the ideal data needed to estimate such a curve is available. This study shows how to implement a formal location analysis for a retail activity...
Persistent link: https://www.econbiz.de/10013017562