Verfügbarkeit: Barriers to Retail Competition and Prices

Barriers to Retail Competition and Prices: Evidence From Spain

Why do prices in Spain''s regions fail to converge? The prime suspects for this puzzling result are differences in regional barriers to entry in retail distribution. This paper develops a Cournot-Nash model of imperfect competition to illustrate the effect of barriers on prices. A unique d...

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1. Verfasser:	Hoffmaister, Alexander W. (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2006
Schriftenreihe:	IMF Working Papers Working Paper No. 06/231
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	Why do prices in Spain''s regions fail to converge? The prime suspects for this puzzling result are differences in regional barriers to entry in retail distribution. This paper develops a Cournot-Nash model of imperfect competition to illustrate the effect of barriers on prices. A unique data set-derived from an extensive analysis of competition policies in Spain- provides evidence that barriers to entry increase regional prices. The evidence also suggests that, consistent with the model''s predictions, barriers to entry raise prices up to a point, and thus indicate that barriers have a threshold effect on prices
Beschreibung:	1 Online-Ressource (41 p)
ISBN:	1451864914 9781451864915

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spelling	Hoffmaister, Alexander W. Verfasser aut Barriers to Retail Competition and Prices Evidence From Spain Hoffmaister, Alexander W Washington, D.C International Monetary Fund 2006 1 Online-Ressource (41 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 06/231 Why do prices in Spain''s regions fail to converge? The prime suspects for this puzzling result are differences in regional barriers to entry in retail distribution. This paper develops a Cournot-Nash model of imperfect competition to illustrate the effect of barriers on prices. A unique data set-derived from an extensive analysis of competition policies in Spain- provides evidence that barriers to entry increase regional prices. The evidence also suggests that, consistent with the model''s predictions, barriers to entry raise prices up to a point, and thus indicate that barriers have a threshold effect on prices Online-Ausg http://elibrary.imf.org/view/IMF001/00668-9781451864915/00668-9781451864915/00668-9781451864915.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Hoffmaister, Alexander W. Barriers to Retail Competition and Prices Evidence From Spain
title	Barriers to Retail Competition and Prices Evidence From Spain
title_auth	Barriers to Retail Competition and Prices Evidence From Spain
title_exact_search	Barriers to Retail Competition and Prices Evidence From Spain
title_exact_search_txtP	Barriers to Retail Competition and Prices Evidence From Spain
title_full	Barriers to Retail Competition and Prices Evidence From Spain Hoffmaister, Alexander W
title_fullStr	Barriers to Retail Competition and Prices Evidence From Spain Hoffmaister, Alexander W
title_full_unstemmed	Barriers to Retail Competition and Prices Evidence From Spain Hoffmaister, Alexander W
title_short	Barriers to Retail Competition and Prices
title_sort	barriers to retail competition and prices evidence from spain
title_sub	Evidence From Spain
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