| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13696 |
| DP13696 Global Declining Competition | |
| Carolina Villegas-Sanchez; Federico Díez; Jiayue Fan | |
| 发表日期 | 2019-04-26 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Using a new firm-level dataset on private and listed firms from 20 countries, we document five stylized facts on market power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm markups during 2000-2015. Second, the markup increase is driven by already high-markup firms (top decile of the markup distribution) that charge increasing markups. Third, markups increased mostly among advanced economies but not in emerging markets. Fourth, there is a non-monotonic relation between firm size and markups that is first decreasing and then increasing. Finally, the increase is mostly driven by increases within incumbents and also by market share reallocation towards high-markup entrants. |
| 主题 | International Macroeconomics and Finance |
| 关键词 | Markups market power Tfp Firm size |
| URL | https://cepr.org/publications/dp13696 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542558 |
| 推荐引用方式 GB/T 7714 | Carolina Villegas-Sanchez,Federico Díez,Jiayue Fan. DP13696 Global Declining Competition. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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