A number of Studies have found that unions lower profits, but controversy continues over whether the union impact is or is not greater in more concentrated markets or when firms have greater market shares. The empirical controversy is linked to two major underlying issues: whether unions distort...

Strategic trade theory shows that government intervention in markets with small numbers of traders can boost the welfare of a country relative to free trade. This survey critically assesses the empirical evidence regarding this possibility. One finding is that while many international food and...

Market structure research has concentrated substantial analysis on the relationship of market structure and profitability (Bain 1957, Weiss, and Federal Trade Commission for example). these analyses have generally relied heavily on seller concentration as the major explanatory variable for...

Since the 1980s, increased concentrations across marketing channels have changed bargaining relationships between retailers and manufacturers both in North America and in Europe. At the same time contract mechanisms within the marketing channels have become more complex and private label market...

The paper explores the issue of price and expenditure endogeneity in empirical demand analysis. The analysis focuses on the US carbonated soft drink market. We test the null hypothesis that price and expenditures are exogenous in the demand for carbonated soft drinks. Using an Almost Ideal...