extent of competition from substitute products. I estimate that, in 2019, public corporations produced consumer surplus in …

explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially … interacting forces: a composition effect that determines the market concentration and an incentive effect that determines how … firms respond to a given concentration in the economy. The results highlight that a decline in knowledge diffusion between …

stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects …

concentration and a slowdown in business dynamism. In this paper, we make an attempt to understand potential common forces behind … evidence that corroborates a declining knowledge diffusion in the economy. We document a higher concentration of patenting in …

An increasing body of empirical evidence is documenting trends toward rising concentration, profits, and markups in … many industries around the world since the 1980s. Two major criticisms of these studies is that concentration and market … scrutinized by the European Commission between 1995 and 2014. We show that concentration, as measured by the market-specific post …

gasoline market confirms that increases in concentration reduce product variety. Ignoring this product variety effect is likely …

This paper empirically investigates the advertising competition in the French broadcast television industry within a … oligopoly competition and identify the shape and magnitude of the feedback loop between TV viewers and advertisers. We also … implement a simple procedure to identify the conduct of firms on the market. We find that the nature of competition in the …

The relationship between competition and performance-related pay has been analyzed in single … competition when aggregated firm data is used. -- Cournot competition ; contract delegation ; moral hazard ; entry ; market size …