Showing 1 - 10 of 16
This paper examines the relationship between input sector liberalization and product quality innovation and export orientation by a LDC firm given the complementarity between high input quality and high product quality. We show that input sector liberalization per se may not induce quality...
Persistent link: https://www.econbiz.de/10005086434
-nonparametric estimation strategy based on approximation methods using orthogonal polynomials. We apply our estimator to daily data from fish …
Persistent link: https://www.econbiz.de/10005063564
airline market structure in the US. We make inferences on a "class of models" rather that looking for point identifying …, heterogeneity and player identities without making assumptions on equilibrium selection. This estimation strategy nests within it a … class of models that obey the fundamental assumption that if a firm enters a market it expects nonnegative profits. The weak …
Persistent link: https://www.econbiz.de/10005063607
multiple stage game composed of a market stage and a policy stage. Waste might be exported to some less developed countries to … market power. We find that environmentalists do not necessarily succeed in pushing stricter environmental policy nor do …
Persistent link: https://www.econbiz.de/10005063763
In 1997, the FDA relaxed regulations on direct-to-consumer (DTC) advertising for pharmaceutical products. This has led to a substantial increase in such expenditures which in turn raises some important public policy questions. For example, has this increase in DTC advertising affected the...
Persistent link: https://www.econbiz.de/10005699672
We employ a simple two-period model to show that the use of confidential settlement as a strategy for a firm facing … risk-neutral consumerÂ’s response to a market environment, wherein a firm engages in confidential settlement agreements …
Persistent link: https://www.econbiz.de/10005702632
information, deterministic competitive industry with continuum of firms and stationary market demand. Firms have perfect foresight …
Persistent link: https://www.econbiz.de/10005130186
We propose a new location model where consumers are allowed to make multiple purchases (i.e., one unit from each firm). This model fits many markets (e.g. newspapers, credit cards, scholarly journals, subscriptions to TV channels, etc.) better than existing models. A common feature of these...
Persistent link: https://www.econbiz.de/10005130192
variations in innovations that are exogenous to export performance. Our identification strategy takes advantage of a unique micro … variations in innovations that are exogenous to exports. We argue that this instrumental variable strategy yields estimates of …
Persistent link: https://www.econbiz.de/10005342172
We present two information-based rationales for why sellers of returnable goods tend to offer refunds in excess of the salvage value of the good. Both explanations require at least the potential presence of consumers who can choose to learn their values for the good prior to purchasing.
Persistent link: https://www.econbiz.de/10005342242