Manufacturers and retailers in the global economy

Horst Raff and Nicolas Schmitt

Canadian Journal of Economics, 2016, vol. 49, issue 2, 685-706

Abstract: We develop a model with multi-product retailers acting as intermediaries between manufacturers and consumers. We show that the rise in retailer product assortment, the rise of up-front payments in many retail markets and the observed shift in employment from manufacturing to retailing may be the consequence of the global integration of product markets. We also identify a novel benefit from market integration consisting of efficiency gains in the vertical distribution chain.

JEL-codes: F12 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (9)

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Related works:
Journal Article: Manufacturers and retailers in the global economy (2016)
Working Paper: Manufacturers and Retailers in the Global Economy (2011)
Working Paper: Manufacturers and retailers in the global economy (2011)
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