Kox, Henk L.M.; Leeuwen, George van - Volkswirtschaftliche Fakultät, … - 2012
countries. From this we derive scale economies and their development over time. Our results indicate malfunctioning competitive …The paper proposes a new way of analysing the efficiency of dynamic market selection, based on the persistence of scale … economies. The persistence of scale-related inefficiencies is used as an indicator for the effectiveness of market selection. We …