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does not generate "wait and see" effects, but affects output negatively by inducing markup dispersion. …
Persistent link: https://www.econbiz.de/10013256973
deviation increase in oil price volatility leads to a 0.38 percent increase in the markup of firms with average oil exposure. …
Persistent link: https://www.econbiz.de/10012695355
We consider a standard result of customer market theory: if firms have stable customer relations and face financial …
Persistent link: https://www.econbiz.de/10011864188
and sales. Although the decrease in sales markups is negligible, the value added aggregate markup declined by 25% from 2 … typical high markup firm is relatively small (in terms of number of employees) but produces relatively larger output …
Persistent link: https://www.econbiz.de/10012507311
inducing markup dispersion. …
Persistent link: https://www.econbiz.de/10013488861
This paper studies the impact of market power on international commodity prices. I use a standard oligopoly model and exploit historical variations in the structure of the international coffee bean market to assess the impact of a cartel treaty on coffee prices and its global welfare...
Persistent link: https://www.econbiz.de/10013039191
This paper analyzes and compares differences in policy implications between import tariffs and antidumping (AD) duties ….e., less than fair value). Relative to an AD policy, the DC government's import tariff policy makes its domestic firm better … competition is high. However, if the market competition is low, the import tariff policy generates the highest surplus for DC …
Persistent link: https://www.econbiz.de/10013241815
This paper examines social welfare effects of antitrust regulation in the presence of strategic trade policy within a reciprocal market model. Using a simple two-country trade model, we show that the enforcement of antitrust policy in the domestic market unambiguously improves the domestic...
Persistent link: https://www.econbiz.de/10014076756
liberalization reduces welfare at Home, and raises it otherwise. Second, we derive the optimal values of import tariffs for the large …
Persistent link: https://www.econbiz.de/10013024061
This paper uncovers new stylized facts on the relation between economic integration and world trade prices. Using … export price data combined with data on 32 WTO (World Trade Organization) accessions by developing countries and hundreds of …
Persistent link: https://www.econbiz.de/10011846155