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Agglomeration and Trade : State-Level Evidence from U.S. Industries
YILMAZKUDAY, HAKAN - 2010
industry level. On the consumption side, industry- and state-specific international imports and elasticities of substitution … are shown to be systematically connected to consumption agglomeration effects, while on the production side, industry- and …
Persistent link: https://www.econbiz.de/10014049467
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A small firm leads to curious outcomes : social surplus, consumer surplus
Matsumura, Toshihiro; Matsushima, Noriaki - 2009
This paper investigates an asymmetric duopoly model with a Hotelling line. We find that helping a small (minor) firm can reduce both social and consumer surplus. This makes a sharp contrast to existing works showing that helping minor firms can reduce social surplus but always improves consumer...
Persistent link: https://www.econbiz.de/10003921755
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The local aggregate effects of minimum wage increases
Cooper, Daniel; Luengo-Prado, Maria José; Parker, … - 2017 - This version: August, 2017
This paper examines the effect of minimum wage changes on local aggregate inflation and consumption growth. The paper …-wage workers. Interestingly, consumers adjust their real food consumption when minimum wages rise, suggesting that some workers …
Persistent link: https://www.econbiz.de/10011738664
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Newspaper and internet display advertising - co-existence or substitution?
Lindstädt-Dreusicke, Nadine; Budzinski, Oliver - 2012
Newspapers have been experiencing declining circulation figures and diminishing advertising revenues for several years - both effects might pose a threat to the continuing existence of (print) newspapers. In an earlier paper, Lindstädt & Budzinski (2011) argued from a theoretical viewpoint that...
Persistent link: https://www.econbiz.de/10009671555
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Newspaper and internet display advertising : co-existence or substitution?
Lindstädt-Dreusicke, Nadine; Budzinski, Oliver - 2012
Newspapers have been experiencing declining circulation figures and diminishing advertising revenues for several years - both effects might pose a threat to the continuing existence of (print) newspapers. In an earlier paper, Lindstädt & Budzinski (2011) argued from a theoretical viewpoint that...
Persistent link: https://www.econbiz.de/10009564404
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Effects of Mergers in Two-Sided Markets : Examination of the U.S. Radio Industry
Jeziorski, Przemyslaw - 2014
This paper studies mergers in two-sided markets by estimating a structural supply-and-demand model using data from the 1996-2006 merger wave in U.S. radio. It makes two main contributions. First, it identifies the conflicting incentives of merged firms to exercise market power on both sides of...
Persistent link: https://www.econbiz.de/10013069081
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Happily Ever After? – Vertical and Horizontal Mergers in the U.S. Media Industry
Stöhr, Annika - 2019
This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine economic effects of these types of mergers on market...
Persistent link: https://www.econbiz.de/10012869100
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Quality and Variety : Evidence from the U.S. Film Industry
Wang, Chen - 2018
ofprice variation in the film industry, as ticket prices are the same for each film. Iconstruct a theoretical model of duopoly …
Persistent link: https://www.econbiz.de/10012929494
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Happily ever after? - vertical and horizontal mergers in the U.S. media industry
Stöhr, Annika; Noskova, Victoriia; Kunz-Kaltenhäuser, … - 2019
This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine economic effects of these types of mergers on market...
Persistent link: https://www.econbiz.de/10012011207
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Estimation of Cost Efficiencies from Mergers : Application to U.S. Radio
Jeziorski, Przemyslaw - 2013
This paper develops a way to estimate fixed-cost efficiencies from mergers. The estimates might be used to assess the total welfare impact of retrospective and counterfactual mergers. The procedure uses a structural model in which companies play a dynamic game with endogenous mergers and...
Persistent link: https://www.econbiz.de/10013094179