MARÍN, PEDRO L.; SIOTIS, GEORGES - In: Journal of Industrial Economics 55 (2007) 1, pp. 93-111
This paper applies <link rid="b8">Sutton's [1998]</link>'bounds approach' to the chemical industry. The approach predicts that (i) the lower bound of the ratio of the 1-firm concentration index to product concentration is bounded away from zero at high levels of product concentration only in high R&D markets and (ii)...