Showing 1 - 10 of 29,740
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 cost industries in line with previous empirical evidence for developed …
Persistent link: https://www.econbiz.de/10013316454
liquidity on the dispersion and mean of industry productivity distributions, as well as on industry concentration measures using … associated with a decline in industry concentration measures. This is consistent with predictions from the standard industry … alternative measures of dispersion and concentration, and alternative methods of estimating total factor productivity …
Persistent link: https://www.econbiz.de/10014049437
industries and (iv) marginally increases industry output concentration. Addressing the recent literature, we also control for …
Persistent link: https://www.econbiz.de/10014118647
The South African economy is generally understood to be characterised by high levels of product market concentration … firm-level panel data. I present new evidence on South African markups, industrial concentration, and the firm … conclusions about industrial concentration using cross-industry study, and that high and growing concentration across the South …
Persistent link: https://www.econbiz.de/10012098404
market definition such as “acute in-patient care” averages out severe discrepancies that become visible when concentration is … only impact on the level of concentration, while the correlation remains high. Our results underline the need for more …
Persistent link: https://www.econbiz.de/10010238835
This paper uses new data to reexamine trends in concentration in U.S. markets from 1994 to 2019. The paper's main … contribution is to construct concentration measures that reflect narrowly defined consumption-based product markets, as would be … higher than previous results. Also in contrast with the previous literature, we find that product market concentration has …
Persistent link: https://www.econbiz.de/10013349834
This paper aims to analyze the degree of concentration of loans allocated to agricultural and livestock activities in …
Persistent link: https://www.econbiz.de/10012654239
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
A rapidly growing literature has shown that market concentration among domestic firms has increased in the United … measures of concentration, once adjusted for sales by foreign exporters, actually stayed constant between 1992 and 2012. We … reconcile these findings by linking part of the increase in domestic concentration to import competition. Although concentration …
Persistent link: https://www.econbiz.de/10012520308
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...
Persistent link: https://www.econbiz.de/10011412927