Structural Features Of Distributive Trades And Their Impact On Prices In The Euro Area
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Structural Features Of Distributive Trades And Their Impact On Prices In The Euro Area
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Author :
language : en
Publisher:
Release Date : 2011
Structural Features Of Distributive Trades And Their Impact On Prices In The Euro Area written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with International economic relations categories.
Structural Features Of Distributive Trades And Their Impact On Prices In The Euro Area
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Author : European System of Central Banks. Task Force of the Monetary Policy Committee
language : en
Publisher:
Release Date : 2011
Structural Features Of Distributive Trades And Their Impact On Prices In The Euro Area written by European System of Central Banks. Task Force of the Monetary Policy Committee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Structural Features Of Distributive Trades And Their Impact On Prices In The Euro Area
DOWNLOAD
Author : European System of Central Banks. Monetary Policy Committee
language : en
Publisher:
Release Date : 2011
Structural Features Of Distributive Trades And Their Impact On Prices In The Euro Area written by European System of Central Banks. Monetary Policy Committee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with International economic relations categories.
The distributive trades sector, which is primarily accounted for by wholesale and retail trade, is not only economically important in its own right, but also relevant to monetary policy. Ultimately, it is retailers who set the actual prices of most consumer goods. They are the main interface between producers of consumer goods and consumers, with around half of private consumption accounted for by retail trade. The "value added" of this intermediation service can be substantial, as this accounts for, on average, about 25% of consumer prices. The purpose of this report is to analyse the structural features of the distributive trades sector and the developments within it, as well as how these may infl uence prices and price dynamics. Several aspects are relevant.^From a monetary policy point of view, increasing the degree of competition in the distributive trades sector may have effects not only on price levels, but also on price dynamics, via a reduction in mark-ups, an increase in price fl exibility and a greater and more rapid pass-through of changes in costs to prices. Structural developments, such as the increasing market penetration of hard discounters, online trade and private label brands, the role of buying groups and the relative bargaining power between producers and retailers are of great importance to consumers and price determination. In addition, these may have implications for the measurement of consumer prices and inflation.^More generally, the distributive trades sector plays an important role in determining cross-country differentials in productivity growth, both within and outside Europe: the sector has accounted for over one-third of the widening gap in aggregate productivity between the euro area and the United States since the mid-1990s. A specifi c contribution of this report is the use of a wide range of data sources, including a unique dataset on the location of over 100,000 individual grocery stores across most of the euro area, to investigate how to better measure the degree of competition and concentration in this sector, and to compare sector developments from a national, regional and local perspective.
Structural Features Of Distributive Trades And Their Impact On Prices In The Euro Area
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Author : Monetary Policy Committee. Task Force
language : en
Publisher:
Release Date : 2011
Structural Features Of Distributive Trades And Their Impact On Prices In The Euro Area written by Monetary Policy Committee. Task Force and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
Oecd Economic Surveys Euro Area 2012
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2012-03-27
Oecd Economic Surveys Euro Area 2012 written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-27 with categories.
OECD's 2012 Economic Survey of the Euro examines recent economic developments, policy and prospects. In addition it includes special chapters cover Euro Area imbalances and Euro Area governance and structural reforms and their short-term impact.
Food Price Dynamics And Price Adjustment In The Eu
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Author : Steve McCorriston
language : en
Publisher: OUP Oxford
Release Date : 2015-10-08
Food Price Dynamics And Price Adjustment In The Eu written by Steve McCorriston and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-10-08 with Business & Economics categories.
This book addresses the important issue of food prices across EU Member States. Although recent attention has focused on events in world commodity markets following the spikes in world prices in 2007-2008 and 2011, there has been comparatively little attention addressing food price dynamics at the retail level. This volume addresses the characteristics of retail food price behaviour and the nature and drivers of price transmission across the EU. There are several inter-related features of the research reported here. First, the volume reports the characteristics of retail food inflation across the EU and the extent to which it differs from non-food inflation. Second, given the different experience of food inflation across EU Member States, it details the process of price transmission as shocks from upstream and world markets are passed through the food sector to the retail stage. Third, it addresses how the extent and nature of price transmission is determined by various aspects of competition throughout the domestic food sector and how the nature of vertical contracting between stages can determine the price transmission process. Finally, it outlines the potential of high-frequency, product-specific scanner data to address price dynamics and adjustment issues and how scanner data can also be used to measure food price inflation. The book will be of interest to researchers on price transmission and competition issues in the EU and, given the wider interest on these issues coupled with the novel use of scanner data, to researchers further afield. The contributions will also be of interest to policymakers and stakeholders as they seek to make sense of, and to address, regulation issues as they relate to the food sector.
Structures And Trends In The Distributive Trades In The European Union
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Author : Ifo-Institut für Wirtschaftsforschung (München)
language : en
Publisher:
Release Date : 1997
Structures And Trends In The Distributive Trades In The European Union written by Ifo-Institut für Wirtschaftsforschung (München) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with categories.
Distributive Trades In Europe
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Author :
language : en
Publisher:
Release Date : 2001
Distributive Trades In Europe written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Distributors (Commerce) categories.
Detailed analysis of the distribution sector in Europe.
Distributive Trades In Europe
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Author :
language : en
Publisher:
Release Date : 2001
Distributive Trades In Europe written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Distributors (Commerce) categories.
A brief overview of the importance of the distributive trades sector and its different economic activities.
The Econometrics Of Multi Dimensional Panels
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Author : Laszlo Matyas
language : en
Publisher: Springer
Release Date : 2017-07-26
The Econometrics Of Multi Dimensional Panels written by Laszlo Matyas and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-26 with Business & Economics categories.
This book presents the econometric foundations and applications of multi-dimensional panels, including modern methods of big data analysis. The last two decades or so, the use of panel data has become a standard in many areas of economic analysis. The available models formulations became more complex, the estimation and hypothesis testing methods more sophisticated. The interaction between economics and econometrics resulted in a huge publication output, deepening and widening immensely our knowledge and understanding in both. The traditional panel data, by nature, are two-dimensional. Lately, however, as part of the big data revolution, there has been a rapid emergence of three, four and even higher dimensional panel data sets. These have started to be used to study the flow of goods, capital, and services, but also some other economic phenomena that can be better understood in higher dimensions. Oddly, applications rushed ahead of theory in this field. This book is aimed at filling this widening gap. The first theoretical part of the volume is providing the econometric foundations to deal with these new high-dimensional panel data sets. It not only synthesizes our current knowledge, but mostly, presents new research results. The second empirical part of the book provides insight into the most relevant applications in this area. These chapters are a mixture of surveys and new results, always focusing on the econometric problems and feasible solutions.