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dc.contributor.authorMenezes Filho, Naércio Aquino
dc.date.accessioned2014-10-28T12:39:05Z
dc.date.available2014-10-28T12:39:05Z
dc.date.issued1998-04-30
dc.identifier.urihttp://hdl.handle.net/10438/12255
dc.description.abstractThis paper investigates the relationship between consumer demand and corporate performance in several consumer industries in the UK, using two independent datasets. It uses data on consumer expenditures and the retail price index to estimate Almost Ideal Demand Systems on micro-data and compute timevarying price elasticities of demand for disaggregated commodity groups. Then, it matches the product definitions to the Standard Industry Classification and uses the estimated elasticities to investigate the impact of consumer behaviour on firm-level profitability equations. The time-varying household characteristics are ideal instruments for the demand effects in the firms' supply equation. The paper concludes that demand elasticities have a significant and tangible impact on the profitability of UK firms and that this impact can shed some light on the relationship between market structure and economic performance.eng
dc.language.isoeng
dc.publisherEscola de Pós-Graduação em Economia da FGVpor
dc.relation.ispartofseriesSeminários de pesquisa econômica da EPGEpor
dc.rightsTodo cuidado foi dispensado para respeitar os direitos autorais deste trabalho. Entretanto, caso esta obra aqui depositada seja protegida por direitos autorais externos a esta instituição, contamos com a compreensão do autor e solicitamos que o mesmo faça contato através do Fale Conosco para que possamos tomar as providências cabíveispor
dc.subjectProfitabilitypor
dc.subjectConsumer behaviourpor
dc.subjectIdentificationpor
dc.subjectFirm-level datapor
dc.subjectindustry studiespor
dc.titleDemand and supply: price elasticities and corporate performance in the UKeng
dc.typeWorking Papereng
dc.subject.areaEconomiapor
dc.contributor.unidadefgvEscolas::EPGEpor
dc.subject.bibliodataOferta e procurapor
dc.subject.bibliodataPreçospor
dc.subject.bibliodataConsumo (Economia)por
dc.contributor.affiliationFGV


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