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来源类型Working Paper
规范类型报告
DOI10.3386/w15832
来源IDWorking Paper 15832
Estimating Network Economies in Retail Chains: A Revealed Preference Approach
Paul B. Ellickson; Stephanie Houghton; Christopher Timmins
发表日期2010-03-18
出版年2010
语种英语
摘要We measure the effects of chain economies, business stealing, and heterogeneous firms' comparative advantages in the discount retail industry. Traditional entry models are ill-suited for this high-dimensional problem of strategic interaction. Building upon recently developed profit inequality techniques, our model admits any number of potential rivals and stores per location, an endogenous distribution network, and unobserved (to the econometrician) location attributes that may cause firms to cluster their stores. In an application, we find that Kmart and Target benefit most from local chain economies; Wal-Mart's advantage is more global. We explore these results with counterfactual simulations highlighting these offsetting effects.
主题Industrial Organization
URLhttps://www.nber.org/papers/w15832
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/573506
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GB/T 7714
Paul B. Ellickson,Stephanie Houghton,Christopher Timmins. Estimating Network Economies in Retail Chains: A Revealed Preference Approach. 2010.
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