Barriers to Retail Competition and Prices Evidence from Spain
| Author/creator | Hoffmaister, Alexander W. Author |
| Format | Electronic |
| Publication Info | Washington : International Monetary Fund |
| Description | 22 p. |
| Supplemental Content | Full text available from Ebook Central - Academic Complete |
| Summary | Annotation Why do prices in Spain's regions fail to converge? the prime suspects for this puzzling result are differences in regional barriers to entry in retail distribution. This paper develops a Cournot-Nash model of imperfect competition to illustrate the effect of barriers on prices. a unique data set-derived from an extensive analysis of competition policies in Spain- provides evidence that barriers to entry increase regional prices. the evidence also suggests that, consistent with the model's predictions, barriers to entry raise prices up to a point, and thus indicate that barriers have a threshold effect on prices. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| ISBN | 9781451909449 |
| ISBN | 1451909446 (E-Book) Active Record |
| Stock number | 00013468 |
Availability
| Library | Location | Call Number | Status | Item Actions |
|---|---|---|---|---|
| Electronic Resources | Access Content Online | ✔ Available |