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Concentration in international markets : evidence from US imports

Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2021

We use transaction-level data to study changes in the concentration of US imports. Concentration has fallen in the … typical industry, while it is stable by industry and origin country. The fall in concentration is driven by the extensive … firms within country are diverging. Finally, higher concentration from an origin country is associated with a fall in prices …

Persistent link: https://www.econbiz.de/10012495680

An empirical analysis of bundling and tying : over-the-counter pain relief and cold medicines : presented at CESifo Venice Summer Institute, Workshop on Recent Developments in Anti...

Evans, David S.; Salinger, Michael A. - 2004

We apply and extend the cost-based approach to bundling and tying under competition developed in Evans and Salinger (2004a) to over-the-counter pain relievers and cold medicines. We document that consumers pay much less for tablets with multiple ingredients than they would to buy tablets with...

Persistent link: https://www.econbiz.de/10011451375

Optimal conservatism and collective monetary policymaking under uncertainty

Hefeker, Carsten; Zimmer, Blandine - 2014

We study how the optimal degree of conservatism relates to decision-making procedures in a Monetary Policy Committee (MPC). In our framework, central bank conservatism is required to attenuate the volatility of monetary decisions generated by the presence of uncertainty about the committee...

Persistent link: https://www.econbiz.de/10010391838

Levelized product cost : concept and decision relevance

Reichelstein, Stefan; Rohlfing-Bastian, Anna - 2014

This paper examines a life-cycle cost concept that applies to both manufacturing and service industries in which upfront capacity investments are essential. Borrowing from the energy literature, we refer to this cost measure as the levelized product cost (LC). Per unit of output, the levelized...

Persistent link: https://www.econbiz.de/10010234531

Business strategy and firm reorganization under changing market conditions

Ghosal, Vivek - 2009

This study is framed against the increasingly stringent environmental demands on the pulp and paper industry since the late-1980s to reduce water and air pollution, and the global economic slowdown of the early-1990s. The primary focus of this paper is an observation-based analysis conducted by...

Persistent link: https://www.econbiz.de/10003850304

Productivity, place, and plants : revisiting the measurement

Schoefer, Benjamin; Ziv, Oren - 2021

Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size, combined with finite plant counts. As a result, economies...

Persistent link: https://www.econbiz.de/10012418448

Immigration and business dynamics : evidence from U.S. firms

Mahajan, Parag - 2022

Prior literature on the economic impact of immigration has largely ignored changes to the composition of labor demand. In contrast, this paper uses a comprehensive collection of survey and administrative data to show that heterogeneous establishment entry and exit drive immigrant-induced job...

Persistent link: https://www.econbiz.de/10013332159

What happened to U.S. business dynamism?

Akcigit, Ufuk; Ates, Sina T. - 2019

concentration and a slowdown in business dynamism. In this paper, we make an attempt to understand potential common forces behind … evidence that corroborates a declining knowledge diffusion in the economy. We document a higher concentration of patenting in …

Persistent link: https://www.econbiz.de/10012104132

Stranded assets in the transition to a carbon-free economy

Ploeg, Frederick van der; Rezai, Armon - 2019

Assets in the fossil fuel industries are at risk of losing market value due to anticipated breakthroughs in renewable technology and governments stepping up climate policies in the light of the Paris commitments to limit global warming to 1.5 or 2 degrees Celsius. Stranded assets arise due to...

Persistent link: https://www.econbiz.de/10012156424

Merger policy in a quantitative model of international trade

Breinlich, Holger; Nocke, Volker; Schutz, Nicolas - 2016

In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the viewpoint of the foreign country. Calibrating the model...

Persistent link: https://www.econbiz.de/10011481156