This paper explores firm-level heterogeneity to identify the underlying drivers of market power trends in Romania and the implications for competition and economic growth. The results show that the (sales-weighted) average markup in Romania increased by around 15 percent between 2008 and 2017. A key driving force behind this aggregate trend was the ability of a small fraction of firms—the top decile firms in the markup distribution—to increase their...
更多显示
详细
-
2020/12/03
-
政策研究报告
-
WPS9487
-
1
-
1
-
2020/12/03
-
Disclosed
-
Corporate Market Power in Romania : Assessing Recent Trends, Drivers, and Implications for Competition
-
national institute of statistic