Showing 1 - 10 of 148
arising from common shocks and network effects. Using monthly grain prices for 1740-1820 our analysis uncovers a secular …
Persistent link: https://www.econbiz.de/10011375678
-competitive regulations on farmers' welfare. Tightening revenuesharing rules to increase farm-gate prices, increases farmers' welfare on … average but makes many worse off. Similarly, banning vertical integration raises farm-gate prices but harms most farmers by … enhance efficiency and farmers' welfare. We develop a structural model of agricultural value chains and estimate it using rich …
Persistent link: https://www.econbiz.de/10015339889
Using a quantitative spatial model as a data-generating process, we explore how spatial frictions affect the measurement of quality of life. We find that under a canonical parameterization, mobility frictions—generated by idiosyncratic tastes and local ties—dominate trade...
Persistent link: https://www.econbiz.de/10015164620
We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries. market shares into the contribution of the number of firm-products, their average...
Persistent link: https://www.econbiz.de/10011955762
We study the dual relationship between market structure and prices and between market structure and investment in … mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across … 33 OECD countries between 2002 and 2014, we document that more concentrated markets lead to higher end user prices …
Persistent link: https://www.econbiz.de/10011659539
Prices, and reduces price volatility. Our findings are important for emission trading schemes worldwide, such as California …
Persistent link: https://www.econbiz.de/10011810102
Fiscal deficits, elevated debt-to-GDP ratios, and high inflation rates suggest hyperinflation could have potentially emerged in many European countries after World War I. We demonstrate that economic policy uncertainty was instrumental in pushing a subset of European countries into...
Persistent link: https://www.econbiz.de/10011855599
firms' revenue, quantity and prices to estimate TFP and TFP-R and decompose the latter into various elements. Our analysis … suggests that the revenue productivity advantage of denser areas is mainly driven by higher prices charged rather than …, despite higher prices. These and other results we document suggest that firms in denser areas are able to charge higher prices …
Persistent link: https://www.econbiz.de/10012211220
framework and firm-level prices and quantities data for detailed products allowing us to both measure demand, and its changes …
Persistent link: https://www.econbiz.de/10012387534
significantly increased in the municipalities receiving aid. This additional entry decreased average prices. Therefore, the …
Persistent link: https://www.econbiz.de/10012433753