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The typical situation faced by antitrust authorities is to analyze a proposed manufacturer merger using scanner data at retail-level. I start with a benchmark model of manufacturers' and retailers' sequential pricing behavior. Then I perform counterfactual experiments to explore the relationship...
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A large share of international trade occurs through intra-firm transactions. We show that this common crossborder organization of the firm has implications for the well-documented incomplete transmission of shocks across such borders. We present new evidence of an inverse relationship between a...
Persistent link: https://www.econbiz.de/10012900984
We present sufficient conditions for data on an industry's product prices, quantities, and input prices to identify retailers' and manufacturers' vertical supply model. Identification requires nonlinear demand for homogeneous products and multi-product firms with non-constant markups for...
Persistent link: https://www.econbiz.de/10012780865
The typical situation that antitrust authorities face is to analyze a proposed manufacturer merger using scanner data at retail level. I start with a benchmark model of manufacturers' and retailers' sequential pricing behavior. Then I perform counterfactual experiments to explore the...
Persistent link: https://www.econbiz.de/10012758799