MARKET SIZE MATTERS
This paper characterizes the effects of market size on the size distribution of establishments for thirteen retail trade industries across 225 U.S. cities. In most industries we examine, establishments are larger in larger cities. Models of large-group competition in which markups fall after adding...
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| Veröffentlicht in: | The Journal of industrial economics 2005-03, Vol.53 (1), p.1-25 |
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| container_end_page | 25 |
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| container_title | The Journal of industrial economics |
| container_volume | 53 |
| creator | Campbell, Jeffrey R. Hopenhayn, Hugo A. |
| description | This paper characterizes the effects of market size on the size distribution of establishments for thirteen retail trade industries across 225 U.S. cities. In most industries we examine, establishments are larger in larger cities. Models of large-group competition in which markups fall after adding competitors can reproduce this observation. |
| doi_str_mv | 10.1111/j.0022-1821.2005.00243.x |
| format | Article |
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| ispartof | The Journal of industrial economics, 2005-03, Vol.53 (1), p.1-25 |
| issn | 0022-1821 1467-6451 |
| language | eng |
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| source | Jstor Complete Legacy; Wiley Online Library Journals Frontfile Complete; PAIS Index; Business Source Complete |
| subjects | Competition Control variables Economic models Employment Industrial market Industry Linear regression Market competition Market size Product differentiation Regression coefficients Retail industries Statistical significance Studies |
| title | MARKET SIZE MATTERS |
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