Showing 1 - 10 of 528
We analyze how demand conditions faced by a firm impacts its innovation decisions. To disentangle the direction of causality between innovation and demand conditions, we construct a firm-level export demand shock which responds to aggregate conditions in a firm's export destinations but is...
Persistent link: https://www.econbiz.de/10012919315
product quality - and between market size and product concentration - for two industries that differ in their quality …
Persistent link: https://www.econbiz.de/10013224171
This paper investigates the effect of (potential) market size on entry of new drugs and pharmaceutical innovation. Focusing on exogenous changes driven by U.S. demographic trends, we find that a 1 percent increase in the potential market size for a drug category leads to a 4 to 6 percent...
Persistent link: https://www.econbiz.de/10013312522
How does a country's economic geography evolve along the development path? This paper documents recent employment growth in 18,961 regions in eight of the world's main economies. Overall, market potential is losing importance, and local density is gaining importance, as correlates of local...
Persistent link: https://www.econbiz.de/10013310242
to what extent consolidation-driven increases in industry concentration affect the way in which the government procures … in the U.S. This industry experienced a sharp increase in the level of concentration during the 1990s, driven by a series … estimate the causal effect of industry concentration on a series of procurement outcomes, leveraging the differential impact of …
Persistent link: https://www.econbiz.de/10012909499
.Using U.S. NETS data, we present evidence that the positive trend observed in national product-market concentration between … 1990 and 2014 becomes a negative trend when we focus on measures of local concentration. We document diverging trends for … industries, top firms have contributed to the amplification of both trends. When a top firm opens a plant, local concentration …
Persistent link: https://www.econbiz.de/10012910661
Using patents as indicators of inventive activity, this article characterizes the concentration of origins of invention … patents change hands through mergers and acquisitions activity, but this does not make up for the declines in concentration in …
Persistent link: https://www.econbiz.de/10012983423
In essence, this paper will try to decompose the concentration-profits relationship into separate concentration …-price arid concentration-cost relationships. By doing this, I hope to shed light on some of the allocative and distributive … high concentration save or waste resources? Does it lead to higher prices? Who gains and loses from a social policy hostile …
Persistent link: https://www.econbiz.de/10013311668
Industry cost and demand conditions can vary across countries leading to differences in industry market structure, including the distribution of output and productivity across firms and the magnitude of entry and exit flows. It has been argued that despite many outward similarities, two of the...
Persistent link: https://www.econbiz.de/10013114763
for the notion that markups are importantly related to differences in industry concentration, though the effect of … unionization is important. Concentration effects are important only in industries producing durable goods or differentiated …
Persistent link: https://www.econbiz.de/10013233459