Lopez, Rigoberto; Lopez, Elena; Lirón-España, Carmen - In: Journal of Industry, Competition and Trade 14 (2014) 3, pp. 303-317
This article estimates the impact of industrial concentration on aggregate welfare as well as consumer and producer …, empirical results indicate that an across-the-board increase in concentration would enhance aggregate welfare in 69 % of the …. Further results indicate that greater concentration is likely to enhance aggregate welfare in industries with low or moderate …