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After establishing that exporters obtain higher margins than non-exporters, the paper takes a new look at export premia by comparing multi-product exporters' costs, prices and markups on the domestic and foreign markets. This firm-product-market analysis is made possible thanks to a unique...
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The existence of fixed costs of shopping (or search) and consumers' tendency to shop for multiple products induces multiproduct retailers to price otherwise independent products with consideration for one another. Theoretical papers have provided insight into how multiproduct retailers price...
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The theory of multiproduct pricing is well developed in stylized models, although a unified theory has yet to be …
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The Pennsylvania Liquor Control Board (PLCB) controls the purchase and sale of alcoholic beverages across the state and is legally mandated to charge a uniform 30% mark-up on all products. This paper investigates the welfare implications of this uniform markup. We show that consumption patterns...
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