Market structure and market performance in e-commerce

Arbeitspapier

We investigate the causal effect of market structure on market performance in the consumer electronics. We combine data from Austria's largest online site for price comparisons with retail data on wholesale prices provided by a major hardware producer for consumer electronics. We observe input prices of firms, and all their moves in the entry and the pricing game over the whole product lifecycle. Using this information for 70 digital cameras, we generate instrumental variables for the number of firms in the market based on the shops' entry decisions on other product markets in the past. We find that instrumenting is particularly important for estimating the effect of competition on the markup of the price leader.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Reihe Ökonomie / Economics Series ; No. 287

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Production, Pricing, and Market Structure; Size Distribution of Firms ; Oligopoly and Other Imperfect Markets ; Retail and Wholesale Trade; e-Commerce ; Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
• Thema: retailing ; product lifecycle ; market structure ; market performance ; markup ; price dispersion

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Hackl, Franz ; Kummer, Michael E. ; Winter-Ebmer, Rudolf ; Zulehner, Christine
• Ereignis: Veröffentlichung
• (wer): Institute for Advanced Studies (IHS)
• (wo): Vienna
• (wann): 2012

Weitere Informationen

• Handle: http://hdl.handle.net/10419/68526
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ