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For our results, the partial effect of backlog or number of bidders turns out as hypothesized, too: more bidders in the auction decrease the bid, a higher backlog increases the bid.
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Finally, as we do not consider the dynamic strategic effect of backlogs, we may misinterpret our results due to an omitted variable bias.
To assess our two main effects more closely, we show the effect of the backlog and the number of firms on bids in Fig. 5.
There is one negative effect of a bigger backlog: we cannot take orders from clients who need things in a hurry.
We find that the estimated effect of the crisis on the backlog is negative as expected and significantly different from zero.
He warned that job losses would also have an effect on the backlog of asylum cases built up over the last few years.
The process of backlog management is discussed.
Cost of one unit of backlog at period t.
Markups would have decreased by more, given the influence of backlog and number of bidders in the model.
The effect of the number of bidders becomes stronger in the crisis, whereas the effect of the backlog becomes weaker.
This will compensate for the effect of low power of relays on the demands of access links and the effect of differential-backlog-based weights on the demands of feeder links.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com