Comparing large samples of merger markets for NZ and the US, and controlling for case-mix differences within samples using single competition variables, Pickford (2012) found that the proportion of markets challenged was lower in NZ. We extend this analysis using discrete choice modelling to...

This paper benchmarks the patent activities of a sample of OECD countries against the world frontier and explores the sources of the cross-country differences in patenting (regarded as a proxy for innovation). A patent production frontier is estimated for a panel of 21 OECD countries over the...

This paper considers aspects of the competitive selection process in China – firm entry, survival, and exit – in an important sector of manufacturing, looking in particular for changes resulting from the process of reform. Using industry census data from a province in North-East China, we...

This paper analyses empirically the factors that influence the merger decision-making process of the New Zealand Commerce Commission using discrete-choice econometric modelling. Previous studies in various countries have typically modelled this process as involving a single step, even when a...

A market structure-performance model is used to search for a structural break in the leading firm market share-profitability relationship. The model, incorporating both market power and efficiency variables to account for variations in price-cost margins, is tested using cross-section 1978/79...