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Product differentiation and oligopoly : a network approach
Pellegrino, Bruno - 2023
This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product … extent of competition from substitute products. I estimate that, in 2019, public corporations produced consumer surplus in …
Persistent link: https://www.econbiz.de/10013503368
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Market concentration and product variety under spatial competition : evidence from retail gasoline : presented at CESifo Venice Summer Institute, Workshop on Recent Developments in...
Goetz, Georg; Gugler, Klaus - 2004
We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in cases where exit costs in relation to (outlet-specific) fixed costs are high. Our empirical analysis of the Austrian retail gasoline market confirms that increases in...
Persistent link: https://www.econbiz.de/10011451069
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Industry concentration and strategic trade policy in successive oligopoly
Nese, Gjermund (contributor); Straume, Odd Rune (contributor) - 2005
We study a policy game between exporting and importing countries in vertically linked industries. In a successive international Cournot oligopoly, we analyse incentives for using tax instruments strategically to shift rents vertically, between exporting and importing countries, and horizontally,...
Persistent link: https://www.econbiz.de/10002756337
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Modeling fluctuations in the global demand for commodities
Kilian, Lutz; Zhou, Xiaoqing - 2017
It is widely understood that the real price of globally traded commodities is determined by the forces of demand and supply. One of the main determinants of the real price of commodities is shifts in the demand for commodities associated with unexpected fluctuations in global real economic...
Persistent link: https://www.econbiz.de/10011754229
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An environmental-economic measure of sustainable development
Cairns, Robert D.; Martinet, Vincent - 2013
A central issue in the study of sustainable development is the interplay of growth and sacrifice in a dynamic economy. This paper investigates the relationship among current consumption, sacrifice, and sustainability improvement in a general context and in two canonical, stylized economies. We...
Persistent link: https://www.econbiz.de/10009766680
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What happened to U.S. business dynamism?
Akcigit, Ufuk; Ates, Sina T. - 2019
In the past several decades, the U.S. economy has witnessed a number of striking trends that indicate a rising market concentration and a slowdown in business dynamism. In this paper, we make an attempt to understand potential common forces behind these empirical regularities through the lens of...
Persistent link: https://www.econbiz.de/10012104132
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Ten facts on declining business dynamism and lessons from endogenous growth theory
Akcigit, Ufuk; Ates, Sina T. - 2019
propose a unifying theory to analyze the symptoms and the potential causes of this decline. We first highlight 10 pronounced … explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially … potential of growth theory for the analysis of factors behind declining business dynamism and the need for further investigation …
Persistent link: https://www.econbiz.de/10012104042
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Common ownership of competing firms : evidence from Australia
Leigh, Andrew; Triggs, Adam - 2021
limitations of the available data, and the potential implications of common ownership for competition in Australia. …
Persistent link: https://www.econbiz.de/10012507267
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Dynamic competition with network externalities : why history matters
Hałaburda, Hanna; Jullien, Bruno; Yehezkel, Yaron - 2016 - September 2013, revised March 2016
We consider dynamic competition among platforms in a market with network externalities. A platform that dominated the … the focal platform whenever such equilibrium exists. Yet when faced with higher-quality competition, can a low …
Persistent link: https://www.econbiz.de/10011451079
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Inequality and market concentration : new evidence from Australia
Hotchin, Lachlan; Leigh, Andrew - 2024
Are excessively concentrated markets inequitable as well as inefficient? We explore this issue by analyzing the degree of market concentration in the industries where Australia's wealthiest made their fortunes. Compared with the economy at large, we find that top wealth holders have tended to...
Persistent link: https://www.econbiz.de/10014470410