Concentration in Product Markets

This paper measures concentration in narrowly defined product markets for a broad range of consumer goods and services in the U.S. from 1994 to 2019. We document two main empirical facts. First, concentration levels are high. 44.4% of the markets in our sample are “highly concentrated” as defined by...

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Veröffentlicht in:NBER Working Paper Series 2021-04
Hauptverfasser: Zhang, Anthony Lee, Benkard, C. Lanier, Yurukoglu, Ali
Format: Artikel
Sprache:eng
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