| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3048 |
| DP3048 GMM Estimation of Empirical Growth Models | |
| Stephen Roy Bond; Anke Hoeffler; Jonathan Temple | |
| 发表日期 | 2001-11-01 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | This Paper develops an argument explaining why retail prices may rise in response to the deregulation of opening hours. We make this point in a model of imperfect duopolistic competition. In a deregulated market retailers view the choice of opening hours as a means to increase the degree of perceived product differentiation thus relaxing price competition. If the opportunity costs of the time spent on shopping are sufficiently high the equilibrium configuration has asymmetric shopping hours where one retailer stays open for longer than the other does. Both retailers charge higher prices than under regulation, and both are strictly better off. |
| 主题 | Industrial Organization |
| 关键词 | Deregulation Multi-dimensional product differentiation Opening hours Retailing |
| URL | https://cepr.org/publications/dp3048 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532079 |
| 推荐引用方式 GB/T 7714 | Stephen Roy Bond,Anke Hoeffler,Jonathan Temple. DP3048 GMM Estimation of Empirical Growth Models. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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