Global Declining Competition is popular PDF and ePub book, written by Mr.Federico J Diez in 2019-04-26, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Global Declining Competition can be Read Online from any device for your convenience.
Global Declining Competition Book PDF Summary
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.
Detail Book of Global Declining Competition PDF
- Author : Mr.Federico J Diez
- Release : 26 April 2019
- Publisher : International Monetary Fund
- ISBN : 9781498311632
- Genre : Business & Economics
- Total Page : 42 pages
- Language : English
- PDF File Size : 14,7 Mb
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