dc.contributor.author | López, Rigoberto A. | |
dc.contributor.author | López Díaz-Delgado, Elena | |
dc.contributor.author | Liron-Espana, Carmen | |
dc.date.accessioned | 2009-03-16T19:16:36Z | |
dc.date.available | 2009-03-16T19:16:36Z | |
dc.date.issued | 2009-01 | |
dc.identifier.bibliographicCitation | Alcamentos, N. 0901 | es_ES |
dc.identifier.uri | http://hdl.handle.net/10017/2405 | |
dc.description.abstract | This article estimates the impact of industrial concentration on market power and cost and then links the ensuing welfare changes to market structure characteristics using a sample of 232 U.S. manufacturing industries. Empirical results indicate that further increases in concentration would enhance welfare in 70% of the industries due to widespread efficiency gains, although these would generally not be passed on to consumers. From a social standpoint, further concentration is more likely to be beneficial in industries with economies of size, high export intensity, which are engaged in consumer-oriented goods, face larger markets, and have low or moderate levels of initial concentration. | en |
dc.format.mimetype | application/pdf | en |
dc.language.iso | eng | en |
dc.publisher | Universidad de Alcalá. Departamento de Estadística, Estructura Económica y Organización Económica Internacional | es_ES |
dc.subject | Concentration | en |
dc.subject | Welfare | en |
dc.subject | Economies of size | en |
dc.subject | Market power | en |
dc.subject | Manufacturing | en |
dc.subject.jel | L11 | |
dc.subject.jel | L60 | |
dc.subject.jel | D43 | |
dc.subject.jel | D61 | |
dc.subject.jel | F12 | |
dc.title | When is concentration beneficial? Evidence from U.S. manufacturing | en |
dc.type | info:eu-repo/semantics/workingPaper | en |
dc.subject.eciencia | Ciencias económicas | es_ES |
dc.subject.eciencia | Estadística | es_ES |
dc.subject.eciencia | Economics | en |
dc.subject.eciencia | Statistics | en |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | en |