Shuhei Nishitateno, 10 September 2015

Whether incumbent firms deter new entrants in a more concentrated market has been of major concern to antitrust authorities. This column introduces empirical evidence on the relationship between market concentration and entry in the intermediate goods market, using unique data from the Japanese auto market. The findings show a U-shaped relationship, whereby entry decreases and then increases as the market concentrates.

Pinelopi Goldberg, Amit Khandelwal, Nina Pavcnik, 01 December 2008

One quarter of India’s manufacturing output growth during the 1990s stemmed from products that were not manufactured prior to the reforms. This column shows that this expansion of new products was driven in large part by access of Indian firms to previously unavailable imported inputs. Access to new imported intermediates therefore played an important role in the overall growth of the Indian economy.

Events

CEPR Policy Research