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This study presents an empirical test of the relationship between market concentration and new product introductions …. The estimations depict that market concentration increases new product introductions and product introductions spur …
Persistent link: https://www.econbiz.de/10012749963
Using the overcharge estimates for 395 cartel episodes, we evaluate the impact of cartel characteristics on the size of overcharges imposed by cartels in different geographic markets and during six antitrust law regimes starting from the 18th century. We find that the average overcharge imposed...
Persistent link: https://www.econbiz.de/10012750256
Concerns about market power and competition in the agri-food sector are widespread, with commentators regularly suggesting that farmers are in a structurally weaker position than other actors, who therefore benefit at their expense. The evidence reviewed in this paper indicates that downstream...
Persistent link: https://www.econbiz.de/10012432922
most frequently applied measures of concentration kbank concentration ratio (CRk) and Herfindahl-Hirschman Index (HHI) and … measures of concentration also show that Qatar, Bahrain and Oman are highly concentrated markets. The Panzar-Rosse H …
Persistent link: https://www.econbiz.de/10010322778
Persistent link: https://www.econbiz.de/10010207279
This paper proposes an approach for predicting the pattern of mergers when different mergers are feasible. It generalizes the traditional IO approach, employing ideas on coalition-formation from cooperative game theory. The model suggests that in concentrated markets, mergers are conductive to...
Persistent link: https://www.econbiz.de/10010335090
Persistent link: https://www.econbiz.de/10011428194
-defined local markets. We explain price variation across grocery retailers by the concentration of wholesalers and retailers, and … result is that concentration at the wholesale level is an important determinant of retail prices. The price effect of retail … concentration and hypermarket market share are statistically significant but small in conomic terms. …
Persistent link: https://www.econbiz.de/10011584026
Persistent link: https://www.econbiz.de/10012058078
We examine a deregulation of German pharmacists to assess its effects on retail and labor markets. From 2004 onward, the reform allowed pharmacists to expand their single-store firms and to open or acquire up to three affliated stores. This partial deregulation of multi-store prohibition reduced...
Persistent link: https://www.econbiz.de/10012546929