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 …

This paper examines the relationship between risk, concentration and the exercise of market power by banking … margins. The result suggests that systemic risk acts as a collusion" device for banks: while high concentration is not enough … to have collusion, the true effects of high market concentration on interest rates´ mark-ups emerge when the system is …

The relationships between bank market concentration and bank efficiency are of particular relevance in the European … literature, testing not only the causality running from bank market concentration to bank efficiency, but also the reverse … causality running from efficiency to concentration. The results obtained confirm the relative complexity of these causality …

number of banks and banking concentration, have been considered the major determinants of competition in the banking sector …

industry structure variables (concentration and imports) on this index. Because we have panel data, we also allow for a change … in the impact of these variables across time. For the whole manufacturing sector, we find that concentration and imports … of concentration and imports by type of good. …

In this paper we provide a connection between concentration and inequality by showing that the inequality measures … consistent with the whole class of Hannah-Kay concentration indices are the general entropy inequality indices. We isolate the … inequality component underlying the concentration measures, obtaining an explicit additive decomposition of the change in …

Seller concentration and its interactions on the performance of markets has occupied industrial organisation and … competition economists for decades. While there has been much research on concentration in manufacturing markets, few studies have … considered concentration in the services sector, which typically accounts for the majority of economic activity in developed …

high degree of globalization may well go hand in hand with increasing concentration. I show that one of the most globalized … sectors of the electronics industry, hard disk drives (HDD), also displays one of the highest degrees of concentration …: multinational corporations, after all, may not be such effective “spoilers of concentration”, as claimed by Richard Caves (1982). 4 …

price-cost margins are made function of the concentration index, and the degree of import penetration. We find that imports … liberalization, the impact of concentration diminishes. Controlling for cyclical behavior of the price-cost margins the paper shows … strong evidence for concentration to affect the price-cost margins of durables. …

that all firms play an oligopoly game. We derive conditions under which increasing market concentration arises with myopic …