Stiebale, Joel; Szücs, Florian - 2019 - This draft: March 1, 2019
data from the European Commission’s market assessments in merger decisions with production data, we use recent … methodological advances in the estimation of production functions to estimate markups and total factor productivity. We investigate … the performance of almost 600 rival firms in close to 200 merger cases before and after the change in market structure …