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Persistent link: https://www.econbiz.de/10010843143
Using a maximum entropy technique, we estimate the market shares of each firm in an industry using the available government summary statistics such as the four-firm concentration ratio (C4) and the Herfindahl-Hirschmann Index (HHI). We show that our technique is very effective in estimating the...
Persistent link: https://www.econbiz.de/10010537369