This study examines the extent to which market size disparity across franchises - measured as the coefficient of variation of MSA populations - moderates the effectiveness of competitive balance interventions (CBIs) in Major League Baseball (MLB), the National Football League (NFL), the National...

This paper examines the "right" geographic definition of relevant markets by analyzing how excise tax pass-through varies with local competition in the retail gasoline market of a large metropolitan city. Using a natural experiment from three unanticipated and exogenous fuel tax hikes and...

[Einleitung:] "Vendidi ventum" (lateinisch für Ich habe Wind verkauft) lässt sich der Bader im "Medicus" von Noah Gordon auf seinen Grabstein schreiben. Dieses Papier befasst sich mit einem Teil des Gesundheitsmarktes, der allem Anschein nach noch aus der Zeit des Medicus zu stammen scheint....

Competition is the catalyst of corporate innovation, which is the foundation of a country's core competitiveness. From the view of vertical industrial chain, this paper examines how downstream competition affects upstream firms' innovation output. Given innovation helps reduce the production...

Per capita renewable freshwater resources have been diminishing steadily over the years across the globe. India is no exception to the issue of water scarcity, with the problem being more severe in rapidly developing urban areas, where there is increasing pressure on existing freshwater...

HighlightsWe introduce the competitive effect and the cost-saving effect based on the Melitz theoretical framework.We construct a spatial econometric model based on the Leontief inverse matrix.A positive correlation exists between firm markup and market size

Objective: This initial research is to determine the market potential and sustainability Bali ecotourism destination related to the five ecotourism destinations, namely West Bali National Park, Lake Buyan Area, Batur Geopark Museum, Bali Mangrove Denpasar, and Lembongan Mangrove...

We propose a demand estimation method that allows for a large number of zero sale observations, rich unobserved heterogeneity, and endogenous prices. We do so by modeling small market sizes through Poisson arrivals. Each of these arriving consumers solves a standard discrete choice problem. We...

The European Union has developed and introduced a system of protection of Geographical Identifications (GI) and traditional specialties guaranteed (TSG) for the names and the quality of agricultural products and foodstuffs which is adopted by all member countries, including Bulgaria. The study...

The progress of financial markets depends on the way world investors foresee the market potential of the country of choice. Countries that are associated with favorable economic incentives are able to motivate investments in their respective stock markets. The objective of this paper is to...

The sport economic literature relies on the city size to proxy for the size of the home market of sports teams. This paper seeks to clarify whether the commonly used definition for home market size in sports economics is actually a valid measure for revenue potential in the modern digital age....

We propose a demand estimation method that allows for a large number of zerosale observations, rich unobserved heterogeneity, and endogenous prices. We do so by modeling small market sizes through Poisson arrivals. Each of these arriving consumers solves a standard discrete choice problem. We...

Can agglomeration and congestion externalities have a significant impact on aggregate outcomes? We can better understand how these two forces interact by examining their dynamic effect at the local level. To study this relationship, I use a panel SVAR structure and a shift-share instrument to...

Whether there exists a dual-product market in China. In fact, there are obvious distribution differences between low-end products and high-end products, which are dominated by low-end products in a "pyramid" shape. This paper explores the resource allocation in multi-product firms based on the...

We assess the supply-side effects on European Union (EU) economic activity if Russian gas imports were to suddenly cease. Unlike other studies, we account for the global scope of the liquefied natural gas (LNG) market. In the absence of frictions, an open-economy, multi-sector general...

We argue that greater misallocation is a key driver of the worse management practices in Mexico compared to the US. These management practices are strongly associated with higher productivity, growth, trade, and innovation. One indicator of greater misallocation in Mexico is the weaker...

In this paper, unlike the conventional wisdom, we demonstrate that the relationship between the size of the market and number of firms would be non-monotonic. While moderate rise in the size would force the local firms to exit and only the foreign firm rules, substantial rise in the size would...