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This paper examines the impact of firms' conduct on market structure. It studies the evolution of concentration in UK … competition has a positive effect on concentration in exogenous sunk cost industries as well as in advertising-intensive and R …&D-intensive industries. The concentration-market size relationship, while negative in exogenous sunk cost industries, breaks down in …
Persistent link: https://www.econbiz.de/10014146871
, semi-nonparametric econometric model of competition in such markets, examines its testable implications in terms of price-concentration …
Persistent link: https://www.econbiz.de/10010299827
, semi-nonparametric econometric model of competition in such markets, examines its testable implications in terms of price-concentration … relationships, and demonstrates that the model is non-parametrically identified. This general approach to price-concentration …
Persistent link: https://www.econbiz.de/10010300294
We propose that the effect of market concentration on firm survival is different according to whether an industry is … static (low entry and exit) or dynamic. In our empirical analysis we find support for this hypothesis. Industry concentration … increase in the 5-firm concentration ratio in a dynamic market raises the survival rate of new ventures by approximately 2 …
Persistent link: https://www.econbiz.de/10010271957
, semi-nonparametric econometric model of competition in such markets, examines its testable implications in terms of price-concentration … relationships, and demonstrates that the model is non-parametrically identified. This general approach to price-concentration …
Persistent link: https://www.econbiz.de/10003963244
, semi-nonparametric econometric model of competition in such markets, examines its testable implications in terms of price-concentration …
Persistent link: https://www.econbiz.de/10003920927
We propose that the effect of market concentration on firm survival is different according to whether an industry is … static (low entry and exit) or dynamic. In our empirical analysis we find support for this hypothesis. Industry concentration … increase in the 5-firm concentration ratio in a dynamic market raises the survival rate of new ventures by approximately 2 …
Persistent link: https://www.econbiz.de/10003829928