This paper provides empirical evidence for the widespread belief that a magazine's companion website induces channel competition on its print version. The analysis is based on aggregated quarterly magazine-specific data on circulation, a broad variety of magazine characteristics, consumer...

Summary Virtually all empirical firm-level studies on the demand for heterogeneous labor do not include labor cost in the econometric specification. This is due to the fact that business and innovation survey data usually lack differentiated information on labor cost. This paper shows how...

This paper uses data on German consumer magazines observed between 1992 and 2004 to analyze the extent to which consumers (dis-)like advertising. We estimate logit demand models separately for the six most important magazine segments in terms of circulation. We find little evidence for readers...