scholarly journals Do Increasing Markups Matter? Lessons from Empirical Industrial Organization

2019 ◽  
Author(s):  
Steven Berry ◽  
Martin Gaynor ◽  
Fiona Scott Morton
Keyword(s):  
Industrial Organization ◽  
Empirical Industrial Organization

scholarly journals Do Increasing Markups Matter? Lessons from Empirical Industrial Organization

2019 ◽  
Vol 33 (3) ◽  
pp. 44-68 ◽  
Author(s):  
Steven Berry ◽  
Martin Gaynor ◽  
Fiona Scott Morton
Keyword(s):  
Industrial Organization ◽  
Recent Literature ◽  
Sunk Costs ◽  
Fixed Costs ◽  
Antitrust Enforcement ◽  
Function Estimation ◽  
Marginal Costs ◽  
Price Increases ◽  
Empirical Industrial Organization ◽  
Production Function Estimation

This article considers the recent literature on firm markups in light of both new and classic work in the field of industrial organization. We detail the shortcomings of papers that rely on discredited approaches from the “structure-conduct-performance” literature. In contrast, papers based on production function estimation have made useful progress in measuring broad trends in markups. However, industries are so heterogeneous that careful industry-specific studies are also required, and sorely needed. Examples of such studies illustrate differing explanations for rising markups, including endogenous increases in fixed costs associated with lower marginal costs. In some industries there is evidence of price increases driven by mergers. To fully understand markups, we must eventually recover the key economic primitives of demand, marginal cost, and fixed and sunk costs. We end by discussing the various aspects of antitrust enforcement that may be of increasing importance regardless of the cause of increased markups.

Recent Developments in Empirical Industrial Organization

1994 ◽  
Vol 25 (2) ◽  
pp. 149-161 ◽  
Author(s):  
Robert H. Porter
Keyword(s):  
Industrial Organization ◽  
Empirical Industrial Organization ◽  
Recent Developments

Recent Developments in Empirical Industrial Organization

1994 ◽  
Vol 25 (2) ◽  
pp. 149 ◽  
Author(s):  
Robert H. Porter
Keyword(s):  
Industrial Organization ◽  
Empirical Industrial Organization ◽  
Recent Developments

scholarly journals PROSEDUR UJI KEPATUHAN TERHADAP PRINSIP BERSAING ISLAMI PADA INDUSTRI PERBANKAN SYARIAH: SEBUAH PROPOSAL BERDASARKAN TEORI DAN KAJIAN EMPIRIS ORGANISASI INDUSTRI

2018 ◽  
Vol 1 (1) ◽  
pp. 43-61
Author(s):  
Idqan Fahmi ◽  
Arief Daryanto ◽  
Hermanto Siregar ◽  
Harianto Harianto
Keyword(s):  
Industrial Organization ◽  
Market Structure ◽  
Structural Approach ◽  
Perfect Competition ◽  
Necessary Condition ◽  
Sufficient Condition ◽  
Empirical Industrial Organization ◽  
Competition Rules ◽  
Contestable Market ◽  
New Empirical Industrial Organization

An industry in Islamic Economics is required to compete perfectly regardless of its market structure. How to ensure this rule being implemented in reality, however, has been neglected either in literatures or by industry supervisors. This paper is aimed at proposing a systematic procedure to test the industry compliance toward islamic competition rules. The advance of  theory and empirics of New Empirical Industrial Organization is used to formulate the procedure. There are two conditions to satisfy for an industry to have an islamic competition. The first and necessary condition is rejecting the Traditional Hypothesis which is based on collutive bahaviour of dominant banks. The second and sufficient condition is, the perfect competition is driven more by the intention of syariah compliance rather than due to the pressure of contestability.         Keywords: SCP Paradigm, Perfect Competition, Contestable Market, Traditional Hypothesis, New Empirical Industrial Organization, Islamic Competition, Structural Approach, Nonstructural Approach, Panzar and Rosse Model

scholarly journals Dynamic Games in Empirical Industrial Organization

2021 ◽  
Author(s):  
Victor Aguirregabiria ◽  
Allan Collard-Wexler ◽  
Stephen Ryan
Keyword(s):  
Industrial Organization ◽  
Dynamic Games ◽  
Empirical Industrial Organization

Measuring Market Power in the Integrated Malaysian Poultry Industry: New Empirical Industrial Organization Approach

2015 ◽  
Vol 22 (4) ◽  
pp. 455-470
Author(s):  
Abdulrazak Umar Muazu ◽  
Zainal Abidin Mohamed ◽  
Mad Nasir Shamsuddin ◽  
Ismail Abdulatif
Keyword(s):  
Industrial Organization ◽  
Market Power ◽  
Poultry Industry ◽  
Empirical Industrial Organization ◽  
New Empirical Industrial Organization

Applied Industrial Organization: Towards a Theory Based Empirical Industrial Organization

1996 ◽  
Vol 63 (1) ◽  
pp. 273
Author(s):  
Clair E. Morris ◽  
Karl Aiginger ◽  
Jorg Finsinger
Keyword(s):  
Industrial Organization ◽  
Empirical Industrial Organization ◽  
Applied Industrial Organization

scholarly journals Three essays in empirical industrial organization

2011 ◽  
Author(s):  
Daniel Greenfield
Keyword(s):  
Industrial Organization ◽  
Empirical Industrial Organization
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