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Measuring the effect of local competition on prices in a context of spatial differentiation
dc.contributor.author | Balaguer, Jacint | |
dc.contributor.author | Pernías, José C. | |
dc.date.accessioned | 2012-06-13T10:49:39Z | |
dc.date.available | 2012-06-13T10:49:39Z | |
dc.date.issued | 2011-07 | |
dc.identifier.citation | Letters in Spatial and Resource Sciences (July 2011), vol. 4, no. 2, 109-116 | ca_CA |
dc.identifier.issn | 1864-4031 | |
dc.identifier.issn | 1864-404X | |
dc.identifier.uri | http://hdl.handle.net/10234/41545 | |
dc.description.abstract | This paper examines the problem of estimation bias when the effect of local competition on prices is investigated. The hotel industry was chosen as a representative case of industries that offer a spatially differentiated product. It is shown that, in this context, including spatial variables as controls can be especially useful for reducing bias in the cross-sectional estimator. We also show how our results are robust to alternative size definitions for geographically relevant markets. | ca_CA |
dc.description.sponsorShip | Financial support from the Spanish Ministry of Science and Technology (ECO2008-06057/ECON), Valencian Autonomous Government (GV/2009/57) and Fundació Caixa Castelló-Bancaixa (P1 1A2007-19) | ca_CA |
dc.format.extent | 12 p. | ca_CA |
dc.language.iso | eng | ca_CA |
dc.publisher | Springer | ca_CA |
dc.relation.isFormatOf | The original publication is available at http://www.springerlink.com/content/64172462h160n131/ | ca_CA |
dc.rights | © Springer-Verlag 2011 | ca_CA |
dc.rights.uri | http://rightsstatements.org/vocab/InC/1.0/ | * |
dc.subject | Retail prices | ca_CA |
dc.subject | Spatial differentiation | ca_CA |
dc.subject | Local competition | ca_CA |
dc.subject | Cross-sectional estimator | ca_CA |
dc.title | Measuring the effect of local competition on prices in a context of spatial differentiation | ca_CA |
dc.type | info:eu-repo/semantics/article | ca_CA |
dc.identifier.doi | http://dx.doi.org/10.1007/s12076-011-0055-y | |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca_CA |
dc.type.version | info:eu-repo/semantics/submittedVersion |
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