| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15992 |
| DP15992 Entry Regulations and Product Variety in Retail | |
| Florin Maican; Matilda Orth | |
| 发表日期 | 2021-04-01 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | This paper estimates a dynamic model of store adjustments in product variety that considers multiproduct service technology to evaluate the impact of entry regulations on variety and long-run profits in Swedish retail. Using rich data on stores and product categories, we find that more liberal entry regulation increases productivity and decreases the adjustment costs of variety. Counterfactual simulations of modest liberalizations of entry incentivize incumbents to offer more product categories to consumers while increasing efficiency and long-run profits. Regional differences are reduced as consumers and incumbents obtain more benefits in markets with restrictive regulation. Generous liberalizations of entry induce net exit of product categories and harm incumbents in markets with limited demand. |
| 主题 | Industrial Organization |
| 关键词 | Retail markets Entry regulation Product variety Productivity Competition |
| URL | https://cepr.org/publications/dp15992-0 |
| 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/544977 |
| 推荐引用方式 GB/T 7714 | Florin Maican,Matilda Orth. DP15992 Entry Regulations and Product Variety in Retail. 2021. |
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