Market Structure, Oligopsony Power, and Productivity

ByThe Short Paper

The study looks at how a regulation in the Chinese tobacco industry, which consolidated ownership and increased the power of a few buyers, affected efficiency and income distribution. The research shows that when some materials are unique and can’t be easily replaced, it’s difficult to measure the impact of price changes on products and productivity. However, the study uses a model to address this challenge and finds that the regulation raised input prices by 37 percent on average. This increase in buyer power reduced efficiency and took income away from rural households.

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Global Increase in Wildfire-Driven Air Pollution and Its Impact on Human Health

ByThe Short Paper

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ByThe Short Paper

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ByThe Short Paper

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ByThe Short Paper

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How Baby Cries Connect to Maternal Hormones – Unveiling the Oxytocin Circuit

ByThe Short Paper

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