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Market Organization and Propagation of Shocks: The Furniture Industry in Germany and Italy

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Abstract

In this paper we study the furniture industry in two European countries, Germany and Italy. Although the two industries are characterized by very similar output and technology, they differ widely in terms of market organization, most notably the distribution of firms by size, and the organization of retail. We find some evidences that these differences have an influence on the dynamic behavior of industry output, prices and exports in the two countries.

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Authors and Affiliations

  1. Università degli Studi di Milano, Italy

    Massimo Florio

  2. Università "d'Annunzio", Pescara, Italy

    Franco Peracchi

  3. Università Cattolica del Sacro Cuore, Cremona, Italy

    Paolo Sckokai

Authors
  1. Massimo Florio
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  2. Franco Peracchi
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  3. Paolo Sckokai
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Florio, M., Peracchi, F. & Sckokai, P. Market Organization and Propagation of Shocks: The Furniture Industry in Germany and Italy. Small Business Economics 11, 169–182 (1998). https://doi.org/10.1023/A:1007991718586

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  • DOI: https://doi.org/10.1023/A:1007991718586

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