| |
|
|
|
|
|
|
|
1. |
Record Nr. |
UNINA9910955021803321 |
|
|
Autore |
Hoffmaister Willy |
|
|
Titolo |
Barriers to Retail Competition and Prices : : Evidence From Spain / / Willy Hoffmaister |
|
|
|
|
|
|
|
Pubbl/distr/stampa |
|
|
Washington, D.C. : , : International Monetary Fund, , 2006 |
|
|
|
|
|
|
|
ISBN |
|
9786613827678 |
9781462331635 |
1462331637 |
9781452739038 |
145273903X |
9781283515221 |
1283515229 |
9781451909449 |
1451909446 |
|
|
|
|
|
|
|
|
Edizione |
[1st ed.] |
|
|
|
|
|
Descrizione fisica |
|
1 online resource (43 p.) |
|
|
|
|
|
|
Collana |
|
|
|
|
|
|
Soggetti |
|
Barriers to entry (Industrial organization) - Spain |
Competition - Spain |
Prices - Spain - Regional disparities |
Retail trade - Spain |
Competition |
Consumer price indexes |
Deflation |
Econometric analysis |
Econometrics & economic statistics |
Econometrics |
Finance |
Finance: General |
Financial markets |
General Financial Markets: General (includes Measurement and Data) |
Inflation |
Macroeconomics |
Market Structure and Pricing: Oligopoly and Other Forms of Market Imperfection |
Panel Data Models |
Price indexes |
Price Level |
Prices |
|
|
|
|
|
|
|
|
|
|
|
|
Spatio-temporal Models |
Switching Regression Models |
Threshold analysis |
Threshold Regression Models |
Truncated and Censored Models |
Spain |
|
|
|
|
|
|
Lingua di pubblicazione |
|
|
|
|
|
|
Formato |
Materiale a stampa |
|
|
|
|
|
Livello bibliografico |
Monografia |
|
|
|
|
|
Note generali |
|
|
|
|
|
|
Nota di bibliografia |
|
Includes bibliographical references (p.37-39). |
|
|
|
|
|
|
Nota di contenuto |
|
""Contents""; ""I. INTRODUCTION""; ""II. REGIONAL BARRIERS TO RETAIL COMPETITION IN SPAIN""; ""III. A COURNOT-NASH MODEL WITH BARRIERS TO ENTRY""; ""IV. EMPIRICAL EVIDENCE""; ""V. CONCLUSION"" |
|
|
|
|
|
|
|
|
Sommario/riassunto |
|
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. |
|
|
|
|
|
|
|
| |