Manufacturers and retailers in the global economy

Horst Raff and Nicolas Schmitt

No 1711, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

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.

Keywords: Classification: international trade; product variety; retailing; slotting allowance; multi-product firm (search for similar items in EconPapers)
JEL-codes: F12 F15 L13 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/49392/1/66396699X.pdf (application/pdf)

Related works:
Journal Article: Manufacturers and retailers in the global economy (2016)
Journal Article: Manufacturers and retailers in the global economy (2016)
Working Paper: Manufacturers and Retailers in the Global Economy (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:1711

Access Statistics for this paper

More papers in Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().