Similar Search Results

Lower bounds of concentration in a small open economy

Ilmakunnas, Pekka - 2006

We examine how Sutton’s “bounds” approach works in a small country where industries have relatively high export and import intensities. Import competition is used as an indicator for the degree of competition in the low sunk cost industries. The bounds are estimated as stochastic...

Persistent link: https://www.econbiz.de/10015219038

Survival of the fittest or does size matter: What are the main drivers of Productivity in Brazil?

Luna, Ivette; Hiratuka, Celio; Haddad Netto, Elias Youssef - 2016

This article aims to explore learning and selection effects of productivity change for three classes of firm’s sizes in … Brazilian manufacturing and service sectors from 1996 to 2011. The methodology is based on the Price Equation. Our results … for medium and large size firms. Small firms, however, are much more affected. Besides, size, measured by number of …

Persistent link: https://www.econbiz.de/10015255553

Holiday Price Rigidity and Cost of Price Adjustment

Levy, Daniel; Müller, Georg; Chen, Haipeng; Bergen, Mark; … - 2008

The Thanksgiving-Christmas holiday period is a major sales period for US retailers. Due to higher store traffic, tasks such as restocking shelves, handling customers’ questions and inquiries, running cash registers, cleaning, and bagging, become more urgent during holidays. As a result, the...

Persistent link: https://www.econbiz.de/10015215453

Price Rigidity and Flexibility: Recent Theoretical Developments

Levy, Daniel - 2007

The price system, the adjustment of prices to changes in market conditions, is the primary mechanism by which markets function and by which the three most basic questions get answered: what to produce, how much to produce and for whom to produce. To the behaviour of price and price system,...

Persistent link: https://www.econbiz.de/10015224825

Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue

Levy, Daniel; Smets, Frank - 2010

This introductory essay briefly summarizes the eleven empirical studies of price setting and price adjustment that are included in this special issue. The studies, which use data from several European countries, were conducted as part of the European Central Bank’s Inflation Persistence Network.

Persistent link: https://www.econbiz.de/10015224831

Price Rigidity and Flexibility: New Empirical Evidence

Levy, Daniel - 2007

The marketplace, along with its price system, is the single most important institution in a western-style free enterprise economy. The ability of prices to adjust to changes in supply and demand conditions enables the market to function efficiently and lies behind the magical invisible hand...

Persistent link: https://www.econbiz.de/10015224834

Discussion of "The Pricing Behavior of Firms in the Euro Area: New Survey Evidence," by Fabiani, S., et al. (2004)

Levy, Daniel - 2004

Discussion of "The Pricing Behavior of Firms in the Euro Area: New Survey Evidence" by S. Fabiani, M. Druant, I …

Persistent link: https://www.econbiz.de/10015226668

The Real Thing: Nominal Price Rigidity of the Nickel Coke, 1886–1959

Levy, Daniel; Young, Andrew - 2004

We report that the price of a 6.5oz Coke was 5¢ from 1886 until 1959. Thus, we are documenting a nominal price rigidity that lasted more than 70 years! The case of Coca-Cola is particularly interesting because during the 70-year period there were substantial changes in the soft drink industry...

Persistent link: https://www.econbiz.de/10015227166

Not all price endings are created equal: Price points and asymmetric price rigidity

Levy, Daniel; Snir, Avichai; Gotler, Alex; Chen, Haipeng - 2019

We document an asymmetry in the rigidity of 9-ending prices relative to non-9-ending prices. Consumers have difficulty noticing higher prices if they are 9-ending, or noticing price-increases if the new prices are 9-ending, because 9-endings are used as a signal for low prices. Price setters...

Persistent link: https://www.econbiz.de/10015262673

Adeoti, John Olatunji - 2009

manufacturing related functions, and technology investments are not directly targeted at improving the export potential of firms … important factor that affects the export potential of firms. The coefficient of firm size is the only parameter estimate that is …Though economic growth has improved in recent years in Nigeria, there has been no evidence of significant manufacturing …

Persistent link: https://www.econbiz.de/10009475912