Showing 1 - 10 of 92
We investigate how competition affected the survival of products in the UK automobile market between 1971 and 2002. We find, after using a host of controls to account for product characteristics and changes in market structure, that (i) within and between firm spatial competition significantly...
Persistent link: https://www.econbiz.de/10005676594
Persistent link: https://www.econbiz.de/10005313169
We investigate the impact on profit margins of exchange rate fluctuations in order to examine optimal pricing policy by source countries in the UK car market. We first estimate a nested logit demand model of new cars to calculate model-specific profit margins. Next we use these estimates to...
Persistent link: https://www.econbiz.de/10005260543
The paper examines the extent to which inter- and intra-firm competition influenced the survival of cars in the UK market between 1971 and 1998. It is shown that, while competition influenced product survival in all market segments within the UK car market, the nature of that competition...
Persistent link: https://www.econbiz.de/10005282707
We show that hedonic price indices that omit model-specific unobservable product attributes are subject to considerable bias. We utilize a complete panel of new car versions marketed in the UK over 1971-98 which incorporates over 100 observable product characteristics, sales weighting to capture...
Persistent link: https://www.econbiz.de/10005195448
This paper investigates the factor content of international trade of the Spanish regions with the EU-15, using the available regional Input-Output Tables around 1995. The results indicate that Spanish regions exhibit a revealed comparative advantage in line with the predictions of the factor...
Persistent link: https://www.econbiz.de/10010992208
This paper combines the pricing-to-market equation and the residual demand elasticity equation to measure the extent of competition in the export markets of ceramic tiles, which has been dominated by Italian and Spanish producers since the late eighties. The findings show that the tile exporters...
Persistent link: https://www.econbiz.de/10005668916
The export premium is measured for a sample of 1940 small-sized UK manufacturing firms over the period 1994-2000 by evaluating the performance of entrants versus exiters in the foreign markets. It is found that new exporters witnessed a substantial increase in their employment, wages, sales and...
Persistent link: https://www.econbiz.de/10009202728
We implement the 'lens condition' of Deardoff (1994) to investigate whether lumpiness, an excessively uneven geographic distribution of production factors, is large enough to allow for regional specialization of production at different factor prices. Using data from 50 Spanish provinces over the...
Persistent link: https://www.econbiz.de/10009277317
There is abundant evidence that immigrants' networks are associated with larger trade flows between countries of origin and the country (or province) where they settle. The causality of such relation and its magnitude, however, have not been proven beyond reasonable doubt. We use the simple...
Persistent link: https://www.econbiz.de/10009317990