IDEAS home Printed from https://ideas.repec.org/a/bpj/germec/v11y2010i4p511-526.html
   My bibliography  Save this article

Liberalization of Opening Hours with Free Entry

Author

Listed:
  • Wenzel Tobias

    (Ruhr Graduate School in Economics, Hohenzollernstraße, Munich, Germany)

Abstract

This paper studies competition in prices and opening hours in a model with free entry. It is shown that under free competition market failures arise: Entry is excessive and opening hours are under-provided. The larger the demand elasticity, the larger market failures are going to be. Restrictions on opening hours aggravate this failure. We analyze the impact of a liberalization of opening hours. The model predicts that prices will remain constant in the short run but increase in the long run. Concentration in the retail sector will rise. Additionally, employment in the retail sector increases.

Suggested Citation

  • Wenzel Tobias, 2010. "Liberalization of Opening Hours with Free Entry," German Economic Review, De Gruyter, vol. 11(4), pages 511-526, December.
    • Handle: RePEc:bpj:germec:v:11:y:2010:i:4:p:511-526
    DOI: 10.1111/j.1468-0475.2009.00498.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1468-0475.2009.00498.x
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1111/j.1468-0475.2009.00498.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Niklas Potrafke & Felix Roesel, 2020. "Opening hours of polling stations and voter turnout: Evidence from a natural experiment," The Review of International Organizations, Springer, vol. 15(1), pages 133-163, January.
    2. Erhao Xie, 2018. "Inference in Games Without Nash Equilibrium: An Application to Restaurants, Competition in Opening Hours," Staff Working Papers 18-60, Bank of Canada.
    3. Mario Bossler & Michael Oberfichtner, 2017. "The Employment Effect Of Deregulating Shopping Hours: Evidence From German Food Retailing," Economic Inquiry, Western Economic Association International, vol. 55(2), pages 757-777, April.
    4. Bossler, Mario & Oberfichtner, Michael, 2014. "The employment effect of deregulating shopping hours: Evidence from German retailing," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100506, Verein für Socialpolitik / German Economic Association.
    5. Yamada, Mai, 2020. "The Regulation Level of Business Hours," MPRA Paper 101392, University Library of Munich, Germany.
    6. Andre Jungmittag, 2018. "The Direct and Indirect Effects of Product Market Regulations in the Retail Trade Sector," JRC Research Reports JRC112222, Joint Research Centre.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:germec:v:11:y:2010:i:4:p:511-526. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.