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This paper provides a first empirical assessment of selected key indicators of the degree of competition in Austria in … terms of industry concentration, firm-level markups and business dynamics. The analysis is based on firm-level data from … productive firms. However, average markups have increased in various sectors, especially in non-tradable services, indicating a …
Persistent link: https://www.econbiz.de/10015165625
This paper investigates the evolution of aggregate productivity and markups among French manufacturing firms between … markups are estimated based on a gross output translog production function using popular estimation methods. I find an … aggregate productivity growth of about 34% over the whole period while aggregate markups are found to remain relatively stable …
Persistent link: https://www.econbiz.de/10014468964
monthly regulatory information in a consistent manner for seven Latin American countries. Second, we estimate lending markups … and deposits markdowns in each country over time. Third, with the estimated markups and markdowns in the different … explore whether there are differences in markups on lending rates and markdowns on deposit rates between international and …
Persistent link: https://www.econbiz.de/10015208863
reconcile these findings by linking part of the increase in domestic concentration to import competition. Although concentration … increase. We find that higher import competition caused a decline in the market shares of the top twenty U.S. firms. …
Persistent link: https://www.econbiz.de/10012520308
This paper evaluates the recent literature claiming that the US economy has generally become less competitive causing the US economy to perform poorly and that lax antitrust policy is one important reason for the decline in economic performance. Although there certainly are empirical facts...
Persistent link: https://www.econbiz.de/10012829706
Competition law is generally focused on competition in a market. Yet, as recent economic studies have clearly indicated …, one of the main sources of competition concerns of jurisdictions around the world is the impact of high levels of … through holdings in many markets. High levels of aggregate concentration can significantly impact competition and welfare. On …
Persistent link: https://www.econbiz.de/10012935564
and competition from the fringe. We argue that when dominance is derived from first-mover advantages and innovation … feedback loops, rather than high and non-transitory barriers to entry, competition policy and regulation should avoid … from anti-competitive foreclosing abuses rather than from competition on the merits …
Persistent link: https://www.econbiz.de/10012828760
The configuration of industrial enterprises in Romania, in terms of numbers and structure, in relation to their characteristics, mirrors the Romanian economy and society at large, in their chronological development. Marked by the changes in the technological and economic paradigm, by the...
Persistent link: https://www.econbiz.de/10012117974
own, focusing on regulatory tools that foster competition and innovation. We identify three main regulatory tasks that are …
Persistent link: https://www.econbiz.de/10014107308
and high firm markups. This paper reviews the existing literature and discusses what can be learnt from new administrative … firm-level panel data. I present new evidence on South African markups, industrial concentration, and the firm …-size distribution, for sectors across the South African economy. I find that conclusions on whether markups are 'high' or 'low' are …
Persistent link: https://www.econbiz.de/10012098404