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The paper estimates the lower bound for market concentration taking as reference the framework advanced by Sutton (1991 … concentration lower bound towards zero in exogenous sunk costs industries in line with previous empirical evidence for developed … technological effort in that emerging economy. -- Concentration ; market size …
We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market structure in retail. The model incorporates demand and store-level heterogeneity. Based on unique data for all retail food stores in Sweden, we find that the average entry costs...
We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations affect profitability, market structure and welfare. Based on unique data for all retail food stores in Sweden, we estimate demand, recover variable profits, and estimate entry...
The paper estimates the lower bound for market concentration taking as reference the framework advanced by Sutton (1991 … concentration lower bound towards zero in exogenous sunk costs industries in line with previous empirical evidence for developed …
R&D intensity industries have a lower bound for concentration, which is higher than that for low sunk cost intensity …
This paper analyses the effects of price and market size variables on the investment propensities in the pulp and paper industry. A panel of 15 European countries in the time period 1984 - 1997 is used in the regression analysis. We find the wages, the US/ECU exchange rate, the price of paper...
) segment. Two possible institutional patterns are compared. Under 'concentration' the regulated firm can enter the competitive … improves (expected) social welfare as long as goods are substitutes. Conversely, concentration performs better in case of …
gasoline market confirms that increases in concentration reduce product variety. Ignoring this product variety effect is likely …
The paper calculates the concentration in 6 major routes of the "Greek ferry system" (2001-2010), important not only …
gasoline market confirms that increases in concentration reduce product variety. Ignoring this product variety effect is likely …