G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4271
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
URLhttps://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.
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