In this paper we analyse the relationship between gravity variables and f.o.b. export unit values using Hungarian firm-product-destination data. By taking firm-product level selection into account we show that export unit values increase with distance even for particular firm-product...

Companies with market power occasionally engage in intentional quality reduction of a portion of their output as a means of offering two qualities of goods for the purpose of price discrimination, even absent a cost saving. This paper provides an exact characterization in terms of marginal...

Der Schwerpunkt dieses Beitrags liegt auf den Märkten für Verkehrsinfrastrukturkapazitäten. Mittels geeigneter Preisinstrumente gilt es, eine effiziente Allokation knapper Infrastrukturkapazitäten sowie die erforderliche Kostendeckung anzustreben. Zunehmende Skalenerträge beim Ausbau einer...

We examine a model of suppliers selling to two segments of consumers, who have different preferences for quality (or some product characteristic). We show that if the firm is unable to price discriminate between the segments, then there is less investment in quality. We find that both consumer...