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higher intermediate input shares, lower product-market competition and a lower share of business to consumer (B2C) sales lead … to voluntary registration. The predictions are exactly the opposite for bunching. We test the theory using linked VAT and …
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This paper analyzes how the competition among real estate brokers impacts housing prices in a typical sellers’ market … in China. In a theoretical model, we discover a broker competition mechanism in which brokers compete for listings by … and 2017. We find that the competition in the brokerage market raises housing prices significantly. We also find that …
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classical twopart tariffs only as potential competition between the platform operator and sellers reduces platform …
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