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This paper aims to help policy makers identify how standards can contribute to the effective and cost … discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and …-saving technologies. This broad perspective enables us to identify interesting economic dimensions of standards, such as their …
Persistent link: https://www.econbiz.de/10009752019
Petroleum administration can be regarded as a principal-agent problem. The government allocates exploration and production rights to petroleum companies on behalf of the population. The government is the principal and the companies are agents. With the aim of capturing revenue for the state, the...
Persistent link: https://www.econbiz.de/10010426021
find that the only significant relationship implies the existence of a lagged effect of prices on output in the case of the …
Persistent link: https://www.econbiz.de/10012494781
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
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 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
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
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
significantly increased in the municipalities receiving aid. This additional entry decreased average prices. Therefore, the …
Persistent link: https://www.econbiz.de/10012433753