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Antitrust Enforcement Increases Economic Activity

Babina, Tania; Barkai, Simcha; Jeffers, Jessica; … - National Bureau of Economic Research - 2023

We hand-collect and standardize information describing all 3,055 antitrust lawsuits brought by the Department of Justice (DOJ) between 1971 and 2018. Using restricted establishment-level microdata from the U.S. Census, we compare the economic outcomes of a non-tradable industry in states...

Persistent link: https://www.econbiz.de/10014337831

Selection into Entrepreneurship and Self-Employment

Levine, Ross - 2018

We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … on entry into entrepreneurship. The model predicts--and the data confirm--that entrepreneurs are positively selected on … positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is …

Persistent link: https://www.econbiz.de/10012481000

Entrepreneurship

Lazear, Edward P. - 2002

particular, by far the most important determinant of entrepreneurship is having background in a large number of different roles …

Persistent link: https://www.econbiz.de/10012469602

Merger Effects and Antitrust Enforcement : Evidence from US Retail

Bhattacharya, Vivek; Illanes, Gastón; Stillerman, David - National Bureau of Economic Research - 2023

We document the effects of a comprehensive set of US retail mergers. On average, prices increase by 1.5% and quantities decrease by 2.3%, with significant heterogeneity in outcomes across mergers. Price changes correlate with the screens codified in the Horizontal Merger Guidelines. Through a...

Persistent link: https://www.econbiz.de/10014250141

The Electric Telegraph, News Coverage and Political Participation

Wang, Tianyi - National Bureau of Economic Research - 2023

Using newly digitized data on the growth of the telegraph network in America during 1840-1852, the paper studies the impacts of the electric telegraph on national elections. I use proximity to daily newspapers with telegraphic connections to Washington to generate plausibly exogenous variation...

Persistent link: https://www.econbiz.de/10014322855

The Political Economy of the Decline of Antitrust Enforcement in the United States

Lancieri, Filippo Maria; Posner, Eric A.; Zingales, Luigi - National Bureau of Economic Research - 2022

Antitrust enforcement in the United States has declined since the 1960s. Building on several new datasets, we argue that this decline did not reflect a popular demand for weaker enforcement or any other kind of democratic sanction. The decline was engineered by unelected regulators and judges...

Persistent link: https://www.econbiz.de/10013361981

Some Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries

Evans, David S. - 2001

Competition in many important industries centers on investment in intellectual property. Firms engage in dynamic, Schumpeterian competition for the market, through sequential winner-take-all races to produce drastic innovations, rather than through static price/output competition in the market....

Persistent link: https://www.econbiz.de/10012470456

Antitrust and the Not-For-Profit Sector

Philipson, Tomas J. - 2001

Although the not-for-profit sector contributes greatly to aggregate output in many industries, there is little explicit analysis of the consequences of applying antitrust policy in this sector. This paper argues that the same incentives to collude exist in the non-profit sector as in the...

Persistent link: https://www.econbiz.de/10012470603

A General Analysis of Exclusionary Conduct and Refusal to Deal - Why Aspen and Kodak are Misguided

Carlton, Dennis W. - 2001

This paper analyzes the question: When should a single firm have a duty to deal with another? The paper uses a series of economic models to answer the question, assuming the goal is to prevent harm to competition, and applies the economic analysis to the leading cases to show when antitrust...

Persistent link: https://www.econbiz.de/10012470624

Benevolent Colluders? The Effects of Antitrust Action on College Financial Aid and Tuition

Hoxby, Caroline M. - 2000

The Department of Justice's (DOJ's) investigation of private colleges for price-fixing caused the Overlap' group of colleges to discontinue their meetings. DOJ alleged that the meetings enabled the colleges to collude on higher tuition and increase their tuition revenue. The colleges claimed...

Persistent link: https://www.econbiz.de/10012470996

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