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The home market effect implies a link between market size and exports that is not accounted for in trade models based solely on comparative advantage. [2] The home market effect was first proposed by Corden [3] and was developed by Paul Krugman in a 1980 article. [4] Krugman sought to provide an alternative to the Linder hypothesis. Based on ...
The home market effect showed a relationship in the gravity estimation for differentiated goods, but showed the inverse relationship for homogeneous goods. The authors show that this result matches the theoretical predictions of reciprocal dumping playing a role in homogeneous markets.
The effect of real estate market adjustments tend to be mitigated by the relatively large stock of existing buildings. Heterogeneity. Every unit of real estate is unique in terms of its location, the building, and its financing. This makes pricing difficult, increases search costs, creates information asymmetry, and greatly restricts ...
An economic impact analysis (EIA) examines the effect of an event on the economy in a specified area, ranging from a single neighborhood to the entire globe. It usually measures changes in business revenue, business profits, personal wages, and/or jobs. The economic event analyzed can include implementation of a new policy or project, or may ...
However, the lock-in effect had only a modest impact on home prices: It pushed costs up by 5.7 percent. At the same time, elevated mortgage rates reduced prices by an estimated 3.3 percent ...
According to experts and recent data, Donald Trump’s potential reelection could reshape the U.S. housing market amid soaring mortgage rates and escalating home prices. The current state of the ...
Stripe’s ascendant Revenue and Finance Automation division, anchored by Stripe Billing, crossed $500 million in annual revenue run rate at the end of January.
The marketing management school, evolved in the late 1950s and early 1960s, is fundamentally linked with the marketing mix [36] framework, a business tool used in marketing and by marketers. In his paper "The Concept of the Marketing Mix", Neil H. Borden reconstructed the history of the term "marketing mix".