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Autore: | Hoffmaister Willy |
Titolo: | Barriers to Retail Competition and Prices : : Evidence From Spain / / Willy Hoffmaister |
Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2006 |
Edizione: | 1st ed. |
Descrizione fisica: | 1 online resource (43 p.) |
Soggetto topico: | Barriers to entry (Industrial organization) - Spain |
Competition - Spain | |
Prices - Spain - Regional disparities | |
Retail trade - Spain | |
Econometrics | |
Finance: General | |
Inflation | |
Macroeconomics | |
'Panel Data Models | |
Spatio-temporal Models' | |
Market Structure and Pricing: Oligopoly and Other Forms of Market Imperfection | |
Price Level | |
Deflation | |
General Financial Markets: General (includes Measurement and Data) | |
Truncated and Censored Models | |
Switching Regression Models | |
Threshold Regression Models | |
Finance | |
Econometrics & economic statistics | |
Competition | |
Threshold analysis | |
Consumer price indexes | |
Prices | |
Financial markets | |
Econometric analysis | |
Price indexes | |
Soggetto geografico: | Spain |
Note generali: | "October 2006." |
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. |
Titolo autorizzato: | Barriers to Retail Competition and Prices |
ISBN: | 1-4623-3163-7 |
1-4527-3903-X | |
1-283-51522-9 | |
9786613827678 | |
1-4519-0944-6 | |
Formato: | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910816280903321 |
Lo trovi qui: | Univ. Federico II |
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