European Economics: Microeconomics & Industrial Organization eJournal最新文献_第4页

Production Networks and Epidemic Spreading: How to Restart the UK Economy? 生产网络与疫情蔓延:如何重启英国经济?

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-05-20 DOI: 10.2139/ssrn.3606984

Anton Pichler, Marco Pangallo, R. M. del Rio-Chanona, F. Lafond, J. Farmer

{"title":"Production Networks and Epidemic Spreading: How to Restart the UK Economy?","authors":"Anton Pichler, Marco Pangallo, R. M. del Rio-Chanona, F. Lafond, J. Farmer","doi":"10.2139/ssrn.3606984","DOIUrl":"https://doi.org/10.2139/ssrn.3606984","url":null,"abstract":"We analyse the economics and epidemiology of different scenarios for a phased restart of the UK economy. Our economic model is designed to address the unique features of the COVID-19 pandemic. Social distancing measures affect both supply and demand, and input-output constraints play a key role in restricting economic output. Standard models for production functions are not adequate to model the short-term effects of lockdown. A survey of industry analysts conducted by IHS Markit allows us to evaluate which inputs for each industry are absolutely necessary for production over a two month period. Our model also includes inventory dynamics and feedback between unemployment and consumption. We demonstrate that economic outcomes are very sensitive to the choice of production function, show how supply constraints cause strong network effects, and find some counter-intuitive effects, such as that reopening only a few industries can actually lower aggregate output. Occupation-specific data and contact surveys allow us to estimate how different industries affect the transmission rate of the disease. We investigate six different re-opening scenarios, presenting our best estimates for the increase in R0 and the increase in GDP. Our results suggest that there is a reasonable compromise that yields a relatively small increase in R0 and delivers a substantial boost in economic output. This corresponds to a situation in which all non-consumer facing industries reopen, schools are open only for workers who need childcare, and everyone who can work from home continues to work from home.","PeriodicalId":434487,"journal":{"name":"European Economics: Microeconomics & Industrial Organization eJournal","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131090136","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 62

Anticompetitive Effects in EU Competition Law 欧盟竞争法中的反竞争效应

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-05-12 DOI: 10.2139/ssrn.3599407

Pablo Ibáñez Colomo

{"title":"Anticompetitive Effects in EU Competition Law","authors":"Pablo Ibáñez Colomo","doi":"10.2139/ssrn.3599407","DOIUrl":"https://doi.org/10.2139/ssrn.3599407","url":null,"abstract":"\u0000 This article examines the meaning and scope of the notion of anticompetitive effects in EU competition law. It does so by bringing together several strands of the case law (and this across all provisions, namely Articles 101 and 102 TFEU and merger control). The analysis is structured around a framework that considers the main variables that shape the notion in practice: the time variable (actual or potential effects); the dimensions of competition and the counterfactual; the meaning of effects and the probability threshold (plausibility, likelihood, certainty). The exercise shows that it is possible to discern a concrete meaning to the notion of anticompetitive effects. Some central questions, including the role and operation of the counterfactual and the threshold of effects, have already been answered by the Court of Justice. In particular, it has long been clear that anticompetitive effects amount to more than a mere competitive disadvantage and/or a limitation of a firm’s freedom of action. The impact on equally efficient firms’ ability and/or incentive to compete would need to be established. At the same time, some open questions and some potential areas of friction (relating, inter alia, to stakeholders’ tendency to conflate appreciability and effects) remain. These are also discussed.","PeriodicalId":434487,"journal":{"name":"European Economics: Microeconomics & Industrial Organization eJournal","volume":"38 4","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114022433","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

Critical Mass for Two-sided Platforms and the Strength of the Externalities 双边平台的临界质量与外部性强度

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-05-03 DOI: 10.2139/ssrn.3591811

Adriaan ten Kate, Gunnar Niels

引用次数: 1

Are Traditional and Shadow Banks Symbiotic? 传统银行和影子银行是共生的吗?

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-05-01 DOI: 10.2139/ssrn.3376891

E. Chrétien, V. Lyonnet

引用次数: 10

Slot-specific Priorities with Capacity Transfers 具有容量传输的插槽特定优先级

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-04-28 DOI: 10.2139/ssrn.3547785

Michelle Avataneo, Bertan Turhan

引用次数: 10

Pass-Through as an Economic Tool -- On Exogenous Competition, Social Incidence, and Price Discrimination 传递作为经济工具——外生竞争、社会发生率与价格歧视

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-04-24 DOI: 10.2139/ssrn.3413943

Jeanine Miklós-Thal, G. Shaffer

引用次数: 13

Hands on the Wheel, Eyes on the Phone: the Effect of Smart Phone Usage on Road Safety 手握方向盘，眼盯手机:智能手机使用对道路安全的影响

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-04-22 DOI: 10.2139/ssrn.3603218

D. Brands, J. Klingen, F. Ostermeijer

引用次数: 0

The Groupwise-Pivotal Referral Mechanism: Core-Selecting Referral Strategy-Proof Mechanism 群-枢纽转介机制:核心选择转介策略-证明机制

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-04-13 DOI: 10.2139/ssrn.3574093

Seungwon (Eugene) Jeong, Joosung J. Lee

引用次数: 11

Exposing the Public Interest Dimension of the Digital Single Market: Public Undertakings as a Model for Regulating Data Sharing 揭示数字单一市场的公共利益维度:公共事业作为规范数据共享的一种模式

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-03-21 DOI: 10.2139/ssrn.3565762

Heiko Richter

{"title":"Exposing the Public Interest Dimension of the Digital Single Market: Public Undertakings as a Model for Regulating Data Sharing","authors":"Heiko Richter","doi":"10.2139/ssrn.3565762","DOIUrl":"https://doi.org/10.2139/ssrn.3565762","url":null,"abstract":"The availability of public and private data plays a crucial role for the digital single market. Increasing the availability of data by incentivizing and mandating public and private actors to share their data ranks high on the EU policy agenda. When designing suitable legal data sharing regimes, there is an inevitable need to balance multiple public and private interests. While there have been considerable discussions on data sharing between private businesses (B2B), no binding rules have been established yet. In contrast, public undertakings are increasingly covered by mandatory rules. This article focuses on data sharing regulation for public undertakings, which lie at the state-market interface. The way their data is regulated offers a prototype for how to reconcile business reasoning with the public interest. In particular, the article inquires into the design of the recast Public Sector Information (PSI) Directive regarding public undertakings as well as into different national rules which mandate access to public undertakings’ data. On this basis, it discusses four general characteristics which can inform other strands of regulatory debate on data sharing in the EU.","PeriodicalId":434487,"journal":{"name":"European Economics: Microeconomics & Industrial Organization eJournal","volume":"06 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130618805","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

Coalition and Core in Resource Allocation and Exchange 资源配置与交换中的联盟与核心

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-03-12 DOI: 10.2139/ssrn.3553233

Jun Zhang

引用次数: 0