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Three decade ago, federal policymakers - Republicans and Democrats - embarked on a general strategy of deregulation in … prices and increased quality, reliability, and scope of services. This book shows that we now have only partial deregulation …
Persistent link: https://www.econbiz.de/10014047844
This paper investigates the effects of mergers, entry, and exit in retail markets when input prices are negotiated. Results are derived from a model of bilateral Nash-bargaining between manufacturers and retailers which allows for general forms of demand and retail competition. Whether...
Persistent link: https://www.econbiz.de/10011334106
This paper investigates the effects of changes in retail market concentration when input prices are negotiated. Results are derived from a model of bilateral Nash-bargaining between upstream and downstream firms which allows for general forms of demand and retail competition. Whether...
Persistent link: https://www.econbiz.de/10011654786
We examine retail and wholesale prices for a large supermarket chain over seven and one-half years. We find that prices fall on average during seasonal demand peaks for a product, largely due to changes in retail margins. Retail margins for specific goods fall during peak demand periods for that...
Persistent link: https://www.econbiz.de/10014033594
The literature points out that retail trade regulations may have a significant impact on prices, employment and productivity. In the case of Spain, the retail trade sector is subject to a rich set of regional regulations. This paper provides a database and a set of indicators on the main...
Persistent link: https://www.econbiz.de/10014207779
We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations affect profitability, market structure and welfare. Based on unique data for all retail food stores in Sweden, we estimate demand, recover variable profits, and estimate entry...
Persistent link: https://www.econbiz.de/10011412927
Big box retail stores have a large impact on local economies and receive large subsidies from local governments. Hence, it is important to understand how discount retail chains choose store locations. In this paper, I study the store location decisions of those firms, examine the role of...
Persistent link: https://www.econbiz.de/10012903359
Retailers may face uncertainty about the profitability of local markets, which provide opportunities for learning when making entry decisions. To quantify these informational benefits, I develop an empirical framework for studying dynamic retail entry with uncertainty and learning (from others)....
Persistent link: https://www.econbiz.de/10012905791
We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations affect profitability, market structure and welfare. Based on unique data for all retail food stores in Sweden, we estimate demand, recover variable profits, and estimate entry...
Persistent link: https://www.econbiz.de/10012938283
We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market structure in retail. The model incorporates demand and store-level heterogeneity. Based on unique data for all retail food stores in Sweden, we find that the average entry costs...
Persistent link: https://www.econbiz.de/10010206790