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concentration indexes for 4-digit manufacturing sectors. We find both significant markups and significant concentration across most … sectors. We compare computed markups and concentration with early estimates in South Africa and with other international … benchmark countries. We then examine the market structure based on the concentration, firms' size, and entry and exit dynamics …
Persistent link: https://www.econbiz.de/10011458072
The degree of endemic volatility in the number of firms and establishments varies considerably across industries. Examining the within-industry range of variation (max.-min.) of the number of firms over our sample period, the low and high values across U.S. manufacturing industries are 4 and...
Persistent link: https://www.econbiz.de/10011508062
Persistent link: https://www.econbiz.de/10000964951
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This paper investigates the effect of domestic market size on innovation activities across different durable good industries in the Chinese manufacturing sector. We address the endogeneity of market size by an IV strategy, based on a measure of potential market size, which is driven only by...
Persistent link: https://www.econbiz.de/10011790387
concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D. …
Persistent link: https://www.econbiz.de/10011446652
Most of the literature on retail fuel markets find high-frequency and asymmetric price cycles. This is typically explained by the model of Edgeworth price cycles. A key element of this model is that prices fall to marginal costs during a cycle. It seems challenging to address this assumption...
Persistent link: https://www.econbiz.de/10011992354
concentration. …
Persistent link: https://www.econbiz.de/10011472938
, semi-nonparametric econometric model of competition in such markets, examines its testable implications in terms of price-concentration …
Persistent link: https://www.econbiz.de/10003920927
prices and how it is affected by industry concentration. On average, we find, prices increase above trend growth for three … there is an increase in concentration similar to the one observed over the last 20 years. This differential effect depending … on concentration is primarily driven by a larger pass-through of positive shocks that increase costs. Consistent with a …
Persistent link: https://www.econbiz.de/10014414283