Showing 1 - 10 of 71
in the banking sector despite or because of growing concentration. …
Persistent link: https://www.econbiz.de/10011657161
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 …
Persistent link: https://www.econbiz.de/10010264469
and concentration. …
Persistent link: https://www.econbiz.de/10014534366
1990-2014 period, we evaluate how consistently arguments related to structural market parameters – dominance, concentration …'s competitive concerns are also correlated with concentration and the more so, the higher the entry barriers and the risks of …
Persistent link: https://www.econbiz.de/10012207978
concentration at the top, but a lower aggregate markup. Our quantitative analysis reveals large welfare and efficiency losses due to … (mis)allocation of customers across firms. By increasing market concentration among the most productive firms, the …
Persistent link: https://www.econbiz.de/10012314920
Worldwide, the overwhelming majority of large horizontal mergers are cleared by antitrust authorities unconditionally. The presumption seems to be that efficiencies from these mergers are sizeable. We calculate the compensating efficiencies that would prevent a merger from harming consumers for...
Persistent link: https://www.econbiz.de/10012799703
This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product market rivalries that emerges endogenously out of the characteristics of the products and services they supply. My model embeds a novel, highly tractable and scalable demand system...
Persistent link: https://www.econbiz.de/10014290154
positive spatial autocorrelation coefficient, which shows a spatial concentration of military autocracies. In particular, in …
Persistent link: https://www.econbiz.de/10010398588
Excessive concentration increases national risk in an uncertain world. This paper views economic and political …
Persistent link: https://www.econbiz.de/10010531861
spillovers through increased markups and derive conditions under which restricting landownership concentration reduces rents …. Using newbuilding-level data from New York City, we find that a 10% increase in ownership concentration in a Census tract is …
Persistent link: https://www.econbiz.de/10012493010