Manufacturers and retailers in the global economy

Arbeitspapier

We develop a general-equilibrium model to capture key features of the retailing and of the manufacturing industry in order to understand how these two industries interact and how labor is allocated between them. We show that the observed shift in employment from manufacturing to retailing, the rise in retailer product assortment and the emergence of slotting allowances in many retail markets are consistent with the global integration of product markets, while higher retail market concentration is best explained by technological change in retailing. We also identify a novel benefit from market integration consisting of efficiency gains in the vertical distribution chain.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Kiel Working Paper ; No. 1711

Classification and Topics

• Classification: Wirtschaft ; Models of Trade with Imperfect Competition and Scale Economies; Fragmentation ; Economic Integration ; Oligopoly and Other Imperfect Markets
• Subject: Classification: international trade ; product variety ; retailing ; slotting allowance ; multi-product firm ; Einzelhandel ; Verarbeitendes Gewerbe ; Lieferanten-Kunden-Beziehung ; Sektorale Beschäftigungsstruktur ; Globalisierung ; Produktdifferenzierung ; Mehrproduktproduktion ; Wirtschaftskonzentration ; Allgemeines Gleichgewicht ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Raff, Horst ; Schmitt, Nicolas
• Event: Veröffentlichung
• (who): Kiel Institute for the World Economy (IfW)
• (where): Kiel
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/49392
• Last update: 10.03.2025, 11:45 AM CET