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Market transparency and consumer search - evidence from the German retail gasoline market

Martin, Simon - 2020

We study a novel trade-off in market transparency regulation by estimating a structural model of the German retail gasoline market. Transparent environments enable easy price comparisons and match findings. Restricting transparency such that only the cheapest offers are shown induces firms to...

Persistent link: https://www.econbiz.de/10012268956

Econometric analysis of productivity with measurement error : empirical application to the US Railroad industry

Coublucq, Daniel - 2013

This paper analyzes the productivity in the US rail industry for the period 1980 - 2006. I propose a value-added production framework to circumvent the problem of measurement error in one input. I find evidence showing that aggregate productivity gains can be attributed to returns to scale and...

Persistent link: https://www.econbiz.de/10009755723

The impact of consumer protection in the digital age : evidence from the European Union

Rösner, Anja; Haucap, Justus; Heimeshoff, Ulrich - 2020

We investigate the effect of an EU-wide consumer protection regulation on consumer trust as well as consumer behavior. The Unfair Commercial Practice Directive (UCPD) was implemented by EU member states between 2007 and 2010. We utilize data from the Special and Flash Eurobarometer for the years...

Persistent link: https://www.econbiz.de/10012152701

The economics of fleet-wide emission targets and pooling in the EU car market

Dertwinkel-Kalt, Markus; Wey, Christian - 2025

To support the green transition in the automotive sector, the EU has introduced CO2 emission performance standards, also known as the excess emissions premium (EEP) regulation, which will tighten until 2035. Manufacturers exceeding their average fleet emission targets must pay a penalty. The...

Persistent link: https://www.econbiz.de/10015432118

Strategic corporate social responsibility by a multinational firm

Manasakis, Constantine; Mitrokostas, Evangelos; … - 2017

either through exports or through foreign direct investment (FDI), as well as the relevant market and societal outcomes. We … find that CSR investments are higher under FDI than under exports. The multinational firm's incentives to serve the foreign … incentives are mitigated by the multinational firm's liability in this country under exports. We also find that there is …

Persistent link: https://www.econbiz.de/10011628543

Global sourcing of complex production processes

Schwarz, Christian; Südekum, Jens - 2013

We develop a theory of a firm in an incomplete contracts environment which decides on the complexity, the organization, and the global scale of its production process. Specifically, the firm decides i) how many intermediate inputs are simultaneously combined to a final product, ii) if the...

Persistent link: https://www.econbiz.de/10010213481

Spatial frictions

Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2014

The world is replete with spatial frictions. Shipping goods across cities entails trade frictions. Commuting within cities causes urban frictions. How important are these frictions in shaping the spatial economy? We develop and quantify a novel framework to address this question at three...

Persistent link: https://www.econbiz.de/10010410014

De-industrialisation and entrepreneurship under monopolistic competition

Schweinberger, Albert G.; Südekum, Jens - 2015

This paper offers a new mechanism to explain de-industrialisation in response to a price increase of the manufactured good. In our trade model, one sector (agriculture) is perfectly competitive while the other (manufacturing) is monopolistically competitive. Both industries use skilled and...

Persistent link: https://www.econbiz.de/10010468511

Border effects without borders : what divides Japan's internal trade?

Wrona, Jens - 2015

Over the last 20 years the trade literature repeatedly documented the trade-reducing effects of inter- and intra-national borders. Thereby, the puzzling size and persistence of observed border effects from the beginning raised doubts on the role of underlying political borders. However, when...

Persistent link: https://www.econbiz.de/10010520759

Inter-city trade

Mori, Tomoya; Wrona, Jens - 2018

small, peripheral cities in the central place's hinterland, we find that aggregate exports from central places to their …

Persistent link: https://www.econbiz.de/10011897226