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Marc Ivaldi, Liberty Mncube et Marina Sánchez del Villar
n° 20-1122, juillet 2020
In this paper, we use a differentiated-products set up to assess the impact on competition of a merger between Greif and Rheem South Africa. Both parties are active in the industrial packaging products sector. The parties’ activities overlap, among others, in the production of large steel drums....
Daniel L. Chen, Moti Michaeli et Daniel Spiro
n° 20-1123, juillet 2020
In many settings of political bargaining over policy, agents care not only about getting their will but also about having others approve the chosen policy thus giving it more weight. What is the effect on the bargaining outcome when agents care about such legitimacy of the policy? We study this...
Stefan Ambec et Philippe De Donder
n° 20-1124, juillet 2020, révision juillet 2021
Is green consumerism beneficial to the environment and the economy? To shed light on this question, we study the political economy of environmental regulations in a model with neutral and green consumers where the latter derive some warm glow from buying a good of higher environmental quality...
Gilles Lafforgue et Etienne Lorang
n° 20-1125, juillet 2020
We study the recycling opportunity of an industrial sector constrained by climate, resource and waste capacities. A final good is produced from virgin and recycled materials, and its consumption releases both waste and GHG emissions. We identify the optimal trajectories of resources use, mainly...
Jean-Paul Azam
n° 20-1126, juillet 2020, révision septembre 2020
This paper shows that the two oil shocks that occurred in 1974-85 and 2003-15 inflicted sizable damage to total factor productivity (TFP) in France and Germany. These are resource-poor economies whose firms are importing most of their inputs of extractive commodities. The real prices they pay for...
Augustin Tapsoba
n° 20-1127, juillet 2020, révision août 2022
The fear of exposure to conflict events often triggers changes in the behavior of economic agents even before/without any manifestation of violence in a given area. It generates a treatment status (exposure to the adverse effects of conflict) that goes beyond violence incidence. This paper develops...
Liesbeth Colen, Zohra Bouamra-Mechemache, Victoria Daskalova et Kjersti Nes
juillet 2020
This publication is a Science for Policy report by the Joint Research Centre (JRC), the European Commission’s science and knowledge service. It aims to provide evidence-based scientific support to the European policymaking process. The scientific output expressed does not imply a policy position of...
David Martimort et Perrin Lefebvre
vol. 82, n° 3, juillet 2020, p. 1026–1043
Andrei Hagiu, Bruno Jullien et Julian Wright
vol. 66, n° 7, juillet 2020, p. 2801–3294
We explore conditions under which a multiproduct firm can profitably turn itself into a platform by "hosting rivals," i.e. by inviting rivals to sell products or services on top of its core product. Hosting eliminates the additional shopping costs to consumers of buying a specialist rival's...
Meng-Wen Tsou, Jin-Tan Liu, James K. Hammitt, Chyi-Horng Lu et Szu-Yu Zoe Kao
vol. 71, n° 3, juillet 2020, p. 379 – 403
We estimate the effect of prenatal exposure to radiation on infant health. By exploiting the 1983 Taiwanese radiation‐contaminated buildings accident as a natural experiment, we compare birth outcomes between siblings and cousins exposed to different radiation levels. Given the 1983 accident was...