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(large) firms. Regulation driven increase in concentration is associated with lower elasticity of entry with respect to Tobin …Industry concentration and markups in the US have been rising over the last 3- 4 decades. However, the causes remain … examine the effect of regulations on market power. The dataset is comprehensive and consists of all significant regulations at …
Persistent link: https://www.econbiz.de/10014000456
(large) firms. Regulation driven increase in concentration is associated with lower elasticity of entry with respect to Tobin …Industry concentration and markups in the US have been rising over the last 3-4 decades. However, the causes remain … examine the effect of regulations on market power. The dataset is comprehensive and consists of all significant regulations at …
Persistent link: https://www.econbiz.de/10014254424
the real-time market. The paper also characterizes a regulation that implements the efficient outcome. …
Persistent link: https://www.econbiz.de/10012264082
Procurement within the NHS is attracting increasing research and policy interest. However, most of the emphasis has been on the buyer (the NHS), with less attention paid to the behaviour of suppliers (often pharmaceutical companies). For medical devices very little is publicly documented about...
Persistent link: https://www.econbiz.de/10010221884
, through market concentration, market position of individual publishers (publisher size), and the choice of hybrid publishing …
Persistent link: https://www.econbiz.de/10012136890
We revisit key elements of European power market design with respect to both short term operation and longer-term investment and re-investment choices. For short term markets, the European policy debate focuses on the definition of common interfaces, like for example gate closure time. We argue...
Persistent link: https://www.econbiz.de/10010488271
Allegations of market power in wholesale electricity sales are typically tested using price-cost margins. Such tests are inherently suspect in markets, such as electricity, subject to capacity constraints. In such markets, prices can vary with demand while quantity and thus cost measures remain...
Persistent link: https://www.econbiz.de/10014060636
In an oligopoly market subject to environmental regulation through tradable pollution permits, polluters' output …
Persistent link: https://www.econbiz.de/10014028844
complementarity. -- competition ; complementarity ; concentration ; regulation, separation, substitutability. …) segment. Two possible institutional patterns are compared. Under "concentration" the regulated firm can enter the competitive … improves (expected) social welfare as long as goods are substitutes. Conversely, concentration performs better in case of …
Persistent link: https://www.econbiz.de/10009381768
reconcile these findings by linking part of the increase in domestic concentration to import competition. Although concentration …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 …
Persistent link: https://www.econbiz.de/10012520308