Showing 1 - 10 of 20
This paper provides evidence that ownership and organization matters for the efficiency of provision of public services. In particular, we find that pure private ownership is more efficient than pure public ownership, followed by mixed ownership. The delegation of management in different legal...
Persistent link: https://www.econbiz.de/10011574108
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We examine how different pass-through rates, from input- to final consumer prices, and different vertical contracts affect upstream market definition. Our theory model predicts that, under reasonable conditions, higher pass-through rates lead to definitions of larger upstream markets. Data...
Persistent link: https://www.econbiz.de/10012313781
Consumer-product manufacturers, and retailers that sell their products, often sell slightly differentiated items for reasons other than appealing to heterogeneous tastes — different sizes of a popular brand, or different flavors in a common product line for instance. We argue that this...
Persistent link: https://www.econbiz.de/10012861043
Firm heterogeneity explains the productivity driven selection mechanism that determines aggregate productivity growth within industries. This paper empirically demonstrates that ICT has a robust impact on firm heterogeneity only when ICT is used intensively and jointly with specific ICT...
Persistent link: https://www.econbiz.de/10012718173
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In this paper, we analyze the strategic role of the recent introduction of national brand products by hard discounters in the French market and its impact both at the retail and manufacturer levels. We use a structural econometric model of vertical relationships that takes into account the...
Persistent link: https://www.econbiz.de/10012223754
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This paper analyses the extent of inter-format retail competition between supermarkets, discounters and drugstores in Germany, using data from the German market for diapers. We estimate a random coefficient logit model at the individual household level. Based on consumer substitution patterns,...
Persistent link: https://www.econbiz.de/10010227408
Given various recent antitrust investigations on the retail sector, we deal with uncovering demand systems substitution patterns for a particular market (diapers) to investigate the inter-format competition (supermarkets vs. discounters vs. drugstores). Using the uncovered demand system we...
Persistent link: https://www.econbiz.de/10010434293