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Author: Rimjhim Singh Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This paper presents a critical comparison of the four major papers on territorial allocation by Bernheim and Whinston, Lommerud and Sorgard, Schroder, and Bhattacharjea and Sinha. The paper adds a new dimension to the analysis as it also studies the impact of a change in distance on collusion and establishes the distance paradox which states that collusion is facilitated with a unit fall in the distance.
Author: Rimjhim Singh Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This paper presents a critical comparison of the four major papers on territorial allocation by Bernheim and Whinston, Lommerud and Sorgard, Schroder, and Bhattacharjea and Sinha. The paper adds a new dimension to the analysis as it also studies the impact of a change in distance on collusion and establishes the distance paradox which states that collusion is facilitated with a unit fall in the distance.
Author: David G. Atkin Publisher: ISBN: Category : Developing countries Languages : en Pages : 57
Book Description
How large are the intra-national trade costs that separate consumers in remote locations of developing countries from global markets? What do those barriers imply for the intra-national incidence of the gains from falling international trade barriers? We develop a new methodology for answering these questions and apply it to newly collected CPI micro-data from Ethiopia and Nigeria (as well as to the US). In order to overcome three well-known challenges that arise when using price gaps to estimate trade costs, we: (i) work exclusively with a sample of goods that are identified at the barcode-level (to mitigate bias due to unobserved quality differences over space); (ii) collect novel data on the origin location of each product in our sample (to focus only on the pairs of locations that actually identify trade costs); and (iii) use estimates of cost pass-through to correct for mark-ups that potentially vary over space (to extract trade costs from price variation in an environment with potentially oligopolistic intermediaries). Without these corrections, we find that our estimates of the cost of distance would be biased downwards by a factor of approximately four. Our preferred estimates imply that the effect of log distance on trade costs within Ethiopia or Nigeria is four to five times larger than in the US. We also use our pass-through estimates to calculate the incidence of surplus increases due to falling world prices. We find that intermediaries capture the majority of the surplus, and that their share is even higher in distant locations, suggesting that remote consumers see only a small part of the gains from falling international trade barriers.
Author: David Atkin Publisher: ISBN: Category : Languages : en Pages : 58
Book Description
How large are the intra-national trade costs that separate consumers in remote locations of developing countries from global markets? What do those barriers imply for the intra-national incidence of the gains from falling international trade barriers? We develop a new methodology for answering these questions and apply it to newly collected CPI micro-data from Ethiopia and Nigeria (as well as to the US). In order to overcome three well-known challenges that arise when using price gaps to estimate trade costs, we: (i) work exclusively with a sample of goods that are identified at the barcode-level (to mitigate bias due to unobserved quality differences over space); (ii) collect novel data on the origin location of each product in our sample (to focus only on the pairs of locations that actually identify trade costs); and (iii) use estimates of cost pass-through to correct for mark-ups that potentially vary over space (to extract trade costs from price variation in an environment with potentially oligopolistic intermediaries). Without these corrections, we find that our estimates of the cost of distance would be biased downwards by a factor of approximately four. Our preferred estimates imply that the effect of log distance on trade costs within Ethiopia or Nigeria is four to five times larger than in the US. We also use our pass-through estimates to calculate the incidence of surplus increases due to falling world prices. We find that intermediaries capture the majority of the surplus, and that their share is even higher in distant locations, suggesting that remote consumers see only a small part of the gains from falling international trade barriers.
Author: Pierre A. Buigues Publisher: Edward Elgar Publishing ISBN: 9781843769767 Category : Technology & Engineering Languages : en Pages : 496
Book Description
Contributing to a convergence of legal and economic approaches, The Economics of Antitrust and Regulation in Telecommunications integrates economic theory into current EU antitrust policy within the sector. The book addresses the role of competition and regulatory policies on a number of key issues in telecommunications, such as market definition, collective dominance, access to networks, and allocation of scarce resources.
Author: Publisher: World Bank Publications ISBN: 9780821353387 Category : Business & Economics Languages : en Pages : 250
Book Description
The 13th edition of this annual publication focuses on the global and national dimensions of the investment climate for developing countries, that is the policy and institutional environment that fosters entrepreneurship and productive investment. Issues discussed include: the effects of current developments in the world economy; ways that the international community can help foster economic growth and reduce poverty levels; the need for sound national policies, particularly to encourage competition, in order for developing countries to reap the benefits of globalisation; and the potential for a new World Trade Organization agreement on investment and competition.
Author: Rimjhim Singh
Author: Rimjhim Singh
Author: Charles Jonathan Thomas
Author: Dr. Kalpana Satija
Author: Martina Lawless
Author: David G. Atkin
Author: David Atkin
Author: Pierre A. Buigues
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