EconPapers    
Economics at your fingertips  
 

Liberalization of Opening Hours with Free Entry

Tobias Wenzel

German Economic Review, 2010, vol. 11, 511-526

Abstract: This paper studies competition in prices and opening hours in a model with free entry. It is shown that under free competition market failures arise: Entry is excessive and opening hours are under-provided. The larger the demand elasticity, the larger market failures are going to be. Restrictions on opening hours aggravate this failure. We analyze the impact of a liberalization of opening hours. The model predicts that prices will remain constant in the short run but increase in the long run. Concentration in the retail sector will rise. Additionally, employment in the retail sector increases. Copyright 2010 The Author. German Economic Review 2010 Verein für Socialpolitik.

Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-0475.2009.00498.x link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Liberalization of Opening Hours with Free Entry (2007) Downloads
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:bla:germec:v:11:y:2010:i::p:511-526

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1465-6485

Access Statistics for this article

German Economic Review is currently edited by Bernhard Felderer, Joseph F. Francois, Ivo Welch, Urs Schweizer and David E. Wildasin

More articles in German Economic Review from Verein für Socialpolitik Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2018-12-05
Handle: RePEc:bla:germec:v:11:y:2010:i::p:511-526