Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4271 |
DP4271 Real and Nominal Wage Rigidities and the Rate of Inflation: Evidence from West German Microdata | |
Thomas Bauer; Holger Bonin; Uwe Sunde | |
发表日期 | 2004-02-23 |
出版年 | 2004 |
语种 | 英语 |
摘要 | This Paper uses monthly data from a differentiated market dominated by a duopoly to analyse the nature of interactions between competitor firms. The incumbent, Canal Satellite, and the entrant, TPS, have dominated the French satellite pay-TV market, characterized by a monopoly until the end of 1997. This Paper investigates the effects of the entry and tests for collusive behaviour by means of non-nested methods in this duopoly with differentiated products. The main findings reject collusive behaviours in favour of Stackelberg competition with the incumbent as the leader. A preliminary comparison with the UK Satellite pay-TV market characterized by a monopoly indicates that prices are substantially lower in France. In view of our results, we argue that the difference can be explained by more competition between firms in the French case. |
主题 | Industrial Organization |
关键词 | Pay-tv Media Competition Structural models |
URL | https://cepr.org/publications/dp4271 |
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/533235 |
推荐引用方式 GB/T 7714 | Thomas Bauer,Holger Bonin,Uwe Sunde. DP4271 Real and Nominal Wage Rigidities and the Rate of Inflation: Evidence from West German Microdata. 2004. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。