Showing 1 - 10 of 12,899
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 … technological effort in that emerging economy. -- Concentration ; market size …
Persistent link: https://www.econbiz.de/10003772219
The South African economy is generally understood to be characterised by high levels of product market concentration … firm-level panel data. I present new evidence on South African markups, industrial concentration, and the firm … conclusions about industrial concentration using cross-industry study, and that high and growing concentration across the South …
Persistent link: https://www.econbiz.de/10012098404
market definition such as “acute in-patient care” averages out severe discrepancies that become visible when concentration is … only impact on the level of concentration, while the correlation remains high. Our results underline the need for more …
Persistent link: https://www.econbiz.de/10010238835
This paper uses new data to reexamine trends in concentration in U.S. markets from 1994 to 2019. The paper's main … contribution is to construct concentration measures that reflect narrowly defined consumption-based product markets, as would be … higher than previous results. Also in contrast with the previous literature, we find that product market concentration has …
Persistent link: https://www.econbiz.de/10013349834
This paper aims to analyze the degree of concentration of loans allocated to agricultural and livestock activities in …
Persistent link: https://www.econbiz.de/10012654239
concentration indexes for 4-digit manufacturing sectors. We find both significant markups and significant concentration across most … sectors. We compare computed markups and concentration with early estimates in South Africa and with other international … benchmark countries. We then examine the market structure based on the concentration, firms' size, and entry and exit dynamics …
Persistent link: https://www.econbiz.de/10011458072
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 a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations affect profitability, market structure and welfare. Based on unique data for all retail food stores in Sweden, we estimate demand, recover variable profits, and estimate entry...
Persistent link: https://www.econbiz.de/10011412927
We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market structure in retail. The model incorporates demand and store-level heterogeneity. Based on unique data for all retail food stores in Sweden, we find that the average entry costs...
Persistent link: https://www.econbiz.de/10010206790
The degree of endemic volatility in the number of firms and establishments varies considerably across industries. Examining the within-industry range of variation (max.-min.) of the number of firms over our sample period, the low and high values across U.S. manufacturing industries are 4 and...
Persistent link: https://www.econbiz.de/10011508062