The Korean passenger car market is dominated by a few domestic producers. In this paper, we investigate whether this market structure is the result of import tariffs and taxes that penalize foreign manufacturers. Our counterfactual simulation under two FTA scenarios shows that the market shares...

This paper forecasts 3G mobile subscription in mainland China while incorporating regional disparity. First, using stochastic frontier analysis, this paper tries to measure the relative market potential of 2G mobile service in 31 Chinese provinces. Second, this paper estimates diffusion...

This study examines price competition between Duty-Free Stores (DFSs). The primary research question is the relationship between the own- and cross-store price elasticities, on the one hand, and the average price levels of DFS products, on the other hand. Using a unique data set of DFS sales in...

This article examines the welfare benefits of cable television (CATV) merger and acquisitions in the multi-channel video programming distribution (MVPD) market. In particular, it seeks to answer whether cable subscribers are better off in competitive markets than in concentrated markets. This...