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We use a dynamic model to measure the impact of the entry of large stores on incumbents' productivity separate from … demand while accounting for local markets and the endogeneity of entry. Using data on all retail food stores in Sweden, we … find that incumbents' productivity increases after the entry of large stores and that the magnitude of the increase …
Persistent link: https://www.econbiz.de/10014213775
in Sweden, we find that large entrants force low productivity stores to exit and surviving stores to increase their … markets. We use a dynamic structural model to estimate retail productivity in a local market setting. In particular, we … provide a general strategy of how to measure the causal effect of entry of large stores on productivity separate from demand …
Persistent link: https://www.econbiz.de/10009520084
in Sweden, we find that large entrants force low productivity stores to exit and surviving stores to increase their … markets. We use a dynamic structural model to estimate retail productivity in a local market setting. In particular, we … provide a general strategy of how to measure the causal effect of entry of large stores on productivity separate from demand …
Persistent link: https://www.econbiz.de/10010320396
use a dynamic model to measure the impact of large entrants on productivity, allowing for a controlled productivity … process and accounting for prices, local markets, and the endogeneity of entry. Using data on all retail food stores in Sweden …, we find that incumbents' productivity increase after large entry and that the magnitude of the increase declines with the …
Persistent link: https://www.econbiz.de/10011098215
Persistent link: https://www.econbiz.de/10003774791
Persistent link: https://www.econbiz.de/10012170523
Liberalization is widely recognized to drive productivity growth. Retail trade is often thought to substantially … contribute to the frequently debated productivity gap between Europe and the U.S. In Europe, entry regulations empower local … authorities to decide on the entry of new stores. We use a dynamic structural model and data on all retail stores in Sweden during …
Persistent link: https://www.econbiz.de/10009661681
a dynamic structural model to evaluate the role of local market entry regulations in the productivity of retail trade …. Our model is flexible with respect to how local market regulations influence store productivity and controls for demand in … results show that more liberal entry regulations increase future productivity and that the increase in productivity is larger …
Persistent link: https://www.econbiz.de/10013065014
In this paper I show that consumers in food stores and supermarkets/hypermarkets became significantly less price sensitive between 2006 and 2017. At the median, across thousands of stores and products in nine large categories, estimated own-price elasticities have declined by 25% over this...
Persistent link: https://www.econbiz.de/10013239435
In this paper, we investigate optimal pricing strategies for an online grocery retailer that derives its profits from delivery fees and grocery sales. We base our theoretical framework on the well-established work of Schmalensee (1981) in two-part pricing, while allowing for repeat purchase...
Persistent link: https://www.econbiz.de/10014036848