English, Article edition: Industrial Concentration and Market Integration in the European Union Bruce Lyons; Catherine Matraves; Peter Moffatt

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Bookmark: http://trove.nla.gov.au/version/48985
Physical Description
  • article
Language
  • English

Edition details

Title
  • Industrial Concentration and Market Integration in the European Union
Author
  • Bruce Lyons
  • Catherine Matraves
  • Peter Moffatt
Physical Description
  • article
Notes
  • Unlike previous cross-section studies which test predictions from the theory of industrial structure, we do not make an ex ante assumption about the geographical market at which competition takes place. We develop an econometric technique that endogenously determines whether the EU or member state is the appropriate market level for each industry, while also estimating a structural model of concentration and market size. Another novelty is that we use European national as well as aggregate EU data. Strong support is found for the importance of endogenous fixed costs in the theory of market structure.
  • RePEc:ccp:journl:v:68:y:2001:i:269:p:1-26
Language
  • English
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