Further publications of the WIFO research staff members
The extensive publication activities of the staff members mirror the close links with the international scientific community.
Weitere Publikationen: Dieter Pennerstorfer(13 hits)
Dieter Pennerstorfer, Can competition keep the restrooms clean? Price, quality and spatial competition
Regional Science and Urban Economics, 2017, pp.117-136, http://dx.doi.org/10.1016/j.regsciurbeco.2017.02.005
This article investigates the influence of competition on price and product quality among Austrian camping sites, a market characterised by both horizontal (spatial) and vertical product differentiation. Theoretically, the effect of competition on quality is ambiguous and depends on the degree of cost substitutability between output and quality. Estimating a system of equations shows that intense competition has a positive impact on product quality and a negative effect on prices (conditional on quality). As high quality is associated with high prices, the total effect of competition on prices is rather small.
Franz Sinabell, Dieter Pennerstorfer, Stephanie Lackner, Regionalökonomische Aspekte der WLV: Wirkung und Ausblick, in: Perspektiven der Wildbach- und Lawinenverbauung
Wildbach- und Lawinenverbau, 2016, (178), 9 pages, http://www.wlv-austria.at/journal.html
Matthias Firgo, Dieter Pennerstorfer, Christoph R. Weiss, Network Centrality and Market Prices: Empirical Evidence
Economics Letters, 2016, pp.79-83, http://www.sciencedirect.com/science/article/pii/S016517651500498X
We empirically investigate the importance of centrality (holding a central position in a spatial network) for strategic interaction in pricing for the Austrian retail gasoline market. Results from spatial autoregressive models suggest that the gasoline station located most closely to the market center – defined as the 1-median location – exerts the strongest effect on pricing decisions of other stations. We conclude that centrality influences firms' pricing behaviour and further find that the importance of centrality increases with market size.
Regional Studies, 2016, (5), pp.848-863, http://www.tandfonline.com/doi/full/10.1080/00343404.2014.947565
This article analyses the link between immigration and trade at the firm level, utilising information on the export activities of 8,300 firms located in different Central European countries (Austria, Czech Republic, Slovakia and Hungary) for various export markets as well as regional data on immigration. The empirical analysis suggests a strong, economically meaningful and statistically significant impact of immigration on the export propensity (extensive margin), whereas the influence on firms' export volumes (intensive margin) is much smaller. This leads to the conclusion that immigrants promote export activities to their home countries mainly by reducing fixed costs of trade.
Matthias Firgo, Dieter Pennerstorfer, Christoph R. Weiss, Centrality and pricing in spatially differentiated markets: The case of gasoline
International Journal of Industrial Organization, 2015, pp.81-90, http://dx.doi.org/doi:10.1016/j.ijindorg.2015.03.009
Online since: 29.04.2015 15:15
Dieter Pennerstorfer, Christoph R. Weiss, Spatial Clustering and Market Power: Evidence from the Retail Gasoline Market
Regional Science and Urban Economics, 2013, (4), pp.661-675, http://dx.doi.org/10.1016/j.regsciurbeco.2013.04.002
Online since: 13.10.2015 10:52
Dieter Pennerstorfer, Christoph R. Weiss, Product Quality in the Agri-food Chain: Do Cooperatives Offer High-Quality Wine?
European Review of Agricultural Economics, 2013, (1), pp.143-162, http://dx.doi.org/10.1093/erae/jbs008
Online since: 13.10.2015 11:04
Dieter Pennerstorfer, Christoph R. Weiss, On the Relative Disadvantage of Cooperatives: Vertical Product Differentiation in a Mixed Oligopoly
Journal of Rural Cooperation, 2012, (1), pp.60-90
Online since: 15.10.2015 16:27
Working Papers in Economics and Finance (University of Salzburg), 2012, (7)
Dieter Pennerstorfer, Export, Migration, and Costs of Market Entry: Evidence from Central European Firms
REAL Discussion Paper Series, 2011, (11), 34 pages, http://www.real.illinois.edu/d-paper/11/11-T-9.pdf