Showing 1 - 10 of 1,304
A rapidly growing literature has shown that market concentration among domestic firms has increased in the United … measures of concentration, once adjusted for sales by foreign exporters, actually stayed constant between 1992 and 2012. We … reconcile these findings by linking part of the increase in domestic concentration to import competition. Although concentration …
Persistent link: https://www.econbiz.de/10012520308
We use transaction-level data to study changes in the concentration of US imports. Concentration has fallen in the … typical industry, while it is stable by industry and origin country. The fall in concentration is driven by the extensive … firms within country are diverging. Finally, higher concentration from an origin country is associated with a fall in prices …
Persistent link: https://www.econbiz.de/10012495680
We use transaction-level data to study changes in the concentration of US imports. Concentration has fallen in the … typical industry, while it is stable by industry and country of origin. The fall in concentration is driven by the extensive … concentration among national producers. …
Persistent link: https://www.econbiz.de/10011979247
This paper estimates a dynamic, structural model of entry and exit in an oligopolistic industry and uses it to quantify the determinants of market structure and long-run firm values for two U.S. service industries, dentists and chiropractors. Entry costs faced by potential entrants, fixed costs...
Persistent link: https://www.econbiz.de/10010195032
As the U.S. banking industry continuously evolves, changes in industry composition have a direct impact on the aggregate performance of the industry. This paper presents a new decomposition framework for commercial banks and shows both firm-level changes and dynamic reallocation effects - due to...
Persistent link: https://www.econbiz.de/10001682506
Recent evidence suggests the U.S. business environment is changing, with rising market concentration and markups. The …
Persistent link: https://www.econbiz.de/10013388847
We study trade-offs faced by multiple-system operators (MSOs), the gatekeepers in the provision of internet service, when setting prices and quality for internet access and TV service. In response to improvements in over-the-top video (OTT), MSOs choose between accommodating OTT to share in the...
Persistent link: https://www.econbiz.de/10013362053
In this paper we present a general approach and methodology for modelling concentration dynamics on industrial level … adjustment of actual level of concentration to the long-run concentration was considered to be responsible for concentration … dynamics. The long-run concentration is usually modelled implicitly by the means of often complex industry characteristic …
Persistent link: https://www.econbiz.de/10008655540
firms in each industry, product market concentration will rise as industries become increasingly dominated by superstar … increasingly concentrate in a small number of firms; industries where concentration rises most will have the largest declines in … share will be greatest in the sectors with the largest increases in market concentration; and finally, such patterns will be …
Persistent link: https://www.econbiz.de/10011647664
al. (2017), we evaluate and confirm two core claims of the superstar firm hypothesis: the concentration of sales among … firms within industries has risen across much of the private sector; and industries with larger increases in concentration …
Persistent link: https://www.econbiz.de/10011612751