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Diskussionspapiere 523 / 2005

Hypermarket Competition and the Diffusion of Retail Checkout Barcode Scanning

This paper presents a set of panel data to study the diffusion of retail checkout barcode scanning in ten European countries over the period 1981-1996. Estimates from a standard diffusion model suggest that countries differ most in the long-run diffusion level of barcode scanning and less in timing or diffusion speed. We present evidence that the emergence of hypermarkets raises competitive intensity ...

2005| Jonathan Beck, Michal Grajek, Christian Wey
Diskussionspapiere 525 / 2005

Regional Disparities in the European Union: Convergence and Agglomeration

Economic disparities between the regions of the European Union are of constant concern both for policy and economic research. In this paper we examine whether there are overlapping trends of regional development in the EU: overall convergence on the one hand and persistent or even increasing spatial concentration (agglomeration) on the other. Kernel density estimation, Markov chain analysis and cross-sectional ...

2005| Kurt Geppert, Michael Happich, Andreas Stephan
Externe referierte Aufsätze

Bundling of Social and Private Goods and the Soft Budget Constraint Problem

Firms in socialist and transitional economies are often obliged to provide social goods at the same time that they are competing with private firms. This paper analyzes the impact of such bundling on the provision of private and social goods focussing on the inability of politicians to commit not to bail out firms experiencing financial trouble. This soft budget constraint problem results in firms ...

In: Journal of Comparative Economics 33 (2005), 1, S. 47-58 | Lars-Hendrik Röller, Zhentang Zhang
Vierteljahrshefte zur Wirtschaftsforschung 3 / 2005

Economic Perspectives on Media Mergers and Consolidation

Dieser Artikel führt verschiedene ökonomische Sichtweisen auf Gründe für (zunehmende) Medienkonzentration und ihre Folgen zusammen. Da Medienmärkte durch die Existenz zweiseitiger Netzwerkeffekte geprägt sind, können Fusionen von Medienunternehmen zu unerwarteten Ergebnissen führen, die sich mithilfe der üblichen Konzepte der Industrieökonomik nicht erklären lassen. Im Mittelpunkt der Analyse stehen ...

2005| Anthony J. Dukes
Vierteljahrshefte zur Wirtschaftsforschung 3 / 2005

Comment on the Contribution of Anthony J. Dukes "Economic Perspectives on Media Mergers and Consolidation"

2005| Erwin Amann
Vierteljahrshefte zur Wirtschaftsforschung 3 / 2005

Relevant Market and Pricing Behavior of Regional Newspapers in the Netherlands

Ziel der vorliegenden Untersuchung ist es, den Einfluss von Marktstruktur und anderen regionalen Einflussgrößen auf die Preise der Zeitungen für Abonnements und Anzeigen zu analysieren. Im Ergebnis zeigt sich insbesondere eine negative Korrelation von Konzentration und Zeitungspreisen. Die Preise für Anzeigen hängen - anders als die für Abonnements - signifikant vom Einkommensniveau und der Bevölkerungsdichte ...

2005| Hans L. van Kranenburg
Externe referierte Aufsätze

Pitfalls in Restructuring the Electricity Industry

This paper models some reductions in output that may follow the opening of electricity markets to competition. Specifically, we show that vertical separation of electricity generation, transmission and distribution could reduce welfare compared to the previous system of vertically integrated monopoly, if grid owners can act as monopolistic retailers or, alternatively, set access prices that maximize ...

In: German Economic Review 5 (2004), 1, S. 81-101 | Georg Meran, Reimund Schwarze
Diskussionspapiere 423 / 2004

The Incentives for Takeover in Oligopoly

We present a model of takeover where the target optimally sets its reserve price. Under relatively standard symmetry restrictions, we obtain a unique equilibrium. The probability of takeover is only a function of the number of .rms and of the insiders. share of total industry gains due to the increase in concentration. Our main application is to the linear Cournot and Bertrand models. A takeover is ...

2004| Roman Inderst, Christian Wey
Diskussionspapiere 426 / 2004

Foreign Direct Investment, Competition and Industrial Development in the Host Country: An Analysis for the Case of "White" Certificates

This paper analyses the impact of foreign direct investment (FDI) on the development of local firms. We focus on two likely effects of FDI: a competition effect which deters entry of domestic firms and positive market externalities which foster the development of local industry. Using a simple theoretical model to illustrate how these forces work we show that the number of domestic firms follows a ...

2004| Salvador Barrios, Holger Görg, Eric Strobl

International Market Integration for Natural Gas? A Cointegration Analysis of Prices in Europe, North America and Japan

Cambridge, MA: CEEPR, 2004, 25 S.
(CEEPR Working Papers ; 2004-002)
| Guillaume L'Hégaret, Boriss Siliverstovs, Anne Neumann, Christian von Hirschhausen
683 results, from 581