The aim of this study is to estimate industry markups for 2-digit Greek manufacturing and services industries over the period 1970 to 2007. The empirical model estimates the markups following the Roeger (1995) methodology, separately for the two industries by using two different panel data...

This article tries to cast light on the main determinants of the merger waves reported in the banking sector. For this reason, we investigate the recently developed merger wave theories by estimating an empirical model covering the US for the period 1987 to 2013. The empirical results, based on...

The goal of this article is to empirically assess the level of competition in the European Monetary Union (EMU) banking sector. The empirical findings provide sufficient evidence in favour of a monopolistic competition regime. The industry structure of the banking sector seems to have been left...