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Institut für Weltwirtschaft (IfW), Kiel >
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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/49392
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| Title: | | Manufacturers and retailers in the global economy  |
| Authors: | | Raff, Horst Schmitt, Nicolas |
| Issue Date: | | 2011 |
| Series/Report no.: | | Kiel Working Papers 1711 |
| Abstract: | | 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. |
| Subjects: | | Classification: international trade product variety retailing slotting allowance multi-product firm |
| JEL: | | F12 F15 L13 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Kieler Arbeitspapiere, IfW
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