Showing 1 - 10 of 135
We analyze unionized firms? incentives to outsource intermediate goods production to foreign (low-cost) subcontractors. Such outsourcing leads to increased wages for the remaining inhouse production. We find that stronger unions, which imply higher domestic wages, reduce incentives for...
Persistent link: https://www.econbiz.de/10010261336
It is believed that market power of the input supplier, charging a linear price, is detrimental for the consumers since it creates the double marginalisation problem. We show that this view may not be true if the final goods producers can adopt strategies to reduce rent extraction by the input...
Persistent link: https://www.econbiz.de/10010435742
show that the disruption in rail transport increases bus ticket sales. Crucially, the effect persists beyond the strike …, indicating that travellers do not return to their originally preferred mode of transport. It is particularly pronounced for …
Persistent link: https://www.econbiz.de/10014377457
This paper analyzes the effect of transport subsidies on the spatial expansion of cities, asking whether subsidies are … a source of undesirable urban sprawl. While the cost-reducing effect of transport subsidies is offset by a higher … expansion of cities. If the transport system exhibits constant returns to scale, the subsidies are inefficient, making the urban …
Persistent link: https://www.econbiz.de/10010316003
We study the interactions between fuel efficiency improvements in the transport sector and the oil market, where the … noticeable effect on the transport sector, but also on other sectors through lower oil prices in the regions that introduce the …
Persistent link: https://www.econbiz.de/10011388150
particularly strongly across generations, such as education and health spending, green energy, and major transport projects. In …
Persistent link: https://www.econbiz.de/10011451394
In three large-scale field experiments with over 32,500 individuals, we investigate whether public transport uptake can …
Persistent link: https://www.econbiz.de/10012314904
This paper explores why competing firms can choose to outsource to an external common supplier that does not have a cost advantage in input production. The supplier, through its contract offers, manages to generate asymmetry, to alter product market competition, and to extract profits from the...
Persistent link: https://www.econbiz.de/10014377619
We assemble a novel firm-level dataset to study the adoption and termination of suppliers over business cycles. We document that the aggregate number and rate of adoption of suppliers are procyclical. The rate of termination is acyclical at the aggregate level, and the cyclicality of termination...
Persistent link: https://www.econbiz.de/10014534390
We study a partnership that anticipates its possible dissolution. In our model, partnerships form in order to take advantage of complementary skills; although new opportunities may arise that make partners? skills useless. We characterize the optimal, incentive-compatible partnership contract...
Persistent link: https://www.econbiz.de/10010261076