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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w12012 |
来源ID | Working Paper 12012 |
State Casket Sales and Restrictions: A Pointless Undertaking? | |
Judith Chevalier; Fiona Scott Morton | |
发表日期 | 2006-02-06 |
出版年 | 2006 |
语种 | 英语 |
摘要 | We utilize a new micro dataset of prices of funeral goods and services at individual funeral homes, plus data from the Census to examine the effects of state regulations that restrict entry into funeral goods market. In particular, some states have regulations that allow only licensed funeral homes to sell caskets, while others allow unlicensed retailers, such as Costco, to compete with funeral homes in the sale of caskets. However, as caskets and funeral services are complements, generally purchased in one-to-one proportions, it is not a priori clear that casket sale restrictions can expand the rent extraction capabilities of licensed funeral homes. Our results suggest that when courts lift funeral goods sales restrictions the prices of funeral goods fall but the prices of funeral services rise by nearly as much. Overall, our results support the "one monopoly rent" hypothesis; we do not find that overall funeral home revenues decline when funeral goods sales are lifted. |
主题 | Industrial Organization |
URL | https://www.nber.org/papers/w12012 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569663 |
推荐引用方式 GB/T 7714 | Judith Chevalier,Fiona Scott Morton. State Casket Sales and Restrictions: A Pointless Undertaking?. 2006. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w12012.pdf(263KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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