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Persistent link: https://www.econbiz.de/10005705512
Merger-specific efficiencies continue to play a relatively small role in merger enforcement and merger retrospectives. Motivated by the paucity of empirical analyses of merger-specific efficiencies, we examine a merger's market share effects. Standard merger theory predicts that if...
Persistent link: https://www.econbiz.de/10010709045
Persistent link: https://www.econbiz.de/10010221351
Brazilian consumers, from 2012 to 2019. As our theoretical framework, we use a network-city model, which is an evolution of the …
Persistent link: https://www.econbiz.de/10013466694
, the Gini index is 2μX - 1, i.e., the normalization of the barycenter, which is in the range [0, 1/2], the concentration …
Persistent link: https://www.econbiz.de/10013467160
Commission, we evaluate how consistently arguments related to structural market parameters – dominance, rising concentration … increase in post-merger concentration and in complex mergers. Yet, its importance decreased following the 2004 merger policy … reform. Competitive concerns are also correlated with rising concentration, especially if entry barriers and foreclosure are …
Persistent link: https://www.econbiz.de/10014000353
Industry concentration and markups in the US have been rising over the last 3- 4 decades. However, the causes remain … (large) firms. Regulation driven increase in concentration is associated with lower elasticity of entry with respect to Tobin …
Persistent link: https://www.econbiz.de/10014000456
Wages for the vast majority of workers have stagnated since the 1980s while productivity has grown. We investigate two coexisting explanations based on rising market power: 1. Monopsony, where dominant firms exploit the limited mobility of their own workers to pay lower wages; and 2. Monopoly,...
Persistent link: https://www.econbiz.de/10014480546
Purpose - This study examines the impact of competition and concentration on bank income smoothing in Central and … competition and concentration on bank income smoothing in 17 CEEs from 2004 to 2015. Findings Loan loss provisions (LLPs) are … negatively related to bank competition and concentration. The authors find no evidence for income smoothing using LLPs in a high …
Persistent link: https://www.econbiz.de/10014516401
Industrial Concentration but only a slight increase in Countries' Specialization in the EU evident over time. Especially, low … technology or labor intensive industries experienced the highest increase in Industrial Concentration. New Trade Theory and New … Economic Geography can explain both Industrial Concentration and Countries' Specialization in the EU best. As regards Countries …
Persistent link: https://www.econbiz.de/10010311704