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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25983 |
来源ID | Working Paper 25983 |
From Good to Bad Concentration? U.S. Industries over the past 30 years | |
Matias Covarrubias; Germán Gutiérrez; Thomas Philippon | |
发表日期 | 2019-06-24 |
出版年 | 2019 |
语种 | 英语 |
摘要 | We study the evolution of profits, investment and market shares in US industries over the past 40 years. During the 1990’s, and at low levels of initial concentration, we find evidence of efficient concentration driven by tougher price competition, intangible investment, and increasing productivity of leaders. After 2000, however, the evidence suggests inefficient concentration, decreasing competition and increasing barriers to entry, as leaders become more entrenched and concentration is associated with lower investment, higher prices and lower productivity growth. |
主题 | Microeconomics ; Households and Firms ; Market Structure and Distribution ; Other ; Law and Economics ; Industrial Organization |
URL | https://www.nber.org/papers/w25983 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583657 |
推荐引用方式 GB/T 7714 | Matias Covarrubias,Germán Gutiérrez,Thomas Philippon. From Good to Bad Concentration? U.S. Industries over the past 30 years. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w25983.pdf(692KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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