High concentration and low efficiency have plagued the Chinese banking industry since the establishment of the national banking system in China. Recently, foreign banks have been allowed to enter the Chinese market, and ...
This study estimates the welfare effects of cigarette advertising using the framework
posited by Becker and Murphy (1993). This model exposes previously unaccounted
benefits of cigarette advertising and allows for conv ...
The purpose of this study is to analyze the possibility of political influence
upon the Department of Justice merger decisions within the brewing industry.
Political preference was measured by the congressional ratings ...
This study examines the relation between political parties in the United States and foreign direct investment (FDI) using a panel data gravity model of 42 countries from 1980 to 2006. The Democratic Party and the Republ ...
In this paper, I estimate efficiency and productivity change in the U.S. banking industry. The data consist of annual observations of 25 banks from 2004 to 2008. The paper follows a two-stage procedure. In the first-stag ...
This dissertation addresses three topics on information economics. Generally,
information is not perfect or costless as classical economics assumes. Thus, a consumer
searches information at his cost or a seller provide ...
This dissertation addresses two main issues involving alcohol markets. In
the first, we employ both parametric and nonparametric methods to analyze the
market structure and estimate the degree of market power in the U. ...
This dissertation addresses issues of strategic behavior of firms in oligopoly markets. In the first study we analyze how generic advertising affects brand advertising and firm profits in differentiated oligopoly markets ...
This dissertation addresses issues of strategic behavior of firms in lobbying, brand and generic advertising, and advertising-price relationships in imperfectly competitive markets.
In the first study, we investigate co ...
This dissertation investigates the effect of endogenous and exogenous events on firm behavior and performance. These are fundamental questions in economics. The contribution of this study is threefold. First, it provides ...
The purpose of this thesis is to provide an estimate of sunk costs in the U.S.
brewing industry and analyze the relationships among sunk costs, advertising, and
concentration. The estimation procedures involves three s ...
This paper adopts the hedonic price model to study the impact of attributes on beer prices in the U.S. beer market. The price of beer is modeled as a function of beer characteristics. Our primary purpose is to investigat ...
This study provides the model that first synthesizes strategic group
theory with the New Empirical Industrial Organization (NEIO) approach in
the international trade analysis, and uses the annual group data (1953-1988) ...
This paper presents a model of the determination of excise tax rates by studying the
substantial variation in the state excise taxes in the U.S. brewing industry. Two
approaches are used. First, assuming that the gover ...