We provide an extensive and general investigation of the effects on industry performance (profits and social welfare) of exogenously changing the number of firms in a Cournot framework. This amounts to an in-depth exploration of the well-known trade-off between competition and production efficiency. We establish that under scale economies, welfare is maximized by a finite number of firms. Our r...

We investigate the impact of Certificate of Need (CON) Law and its stringency on Inpatient market competition measured by the Herfindahl-Hirschman Index (HHI). We show that on average the CON legislation enhances competition between Inpatient units. Additionally, the size, demographics, and health insurance coverage of the state population are found to significantly impact Inpatient market comp...

In 2018, the Central Bureau of Statistics noted that pharmaceutical industry grew 7.36 percent and slowed by 5.59 during Covid-19 pandemic in 2020. Fluctuations growth sector before encouraged increased competition concentration. This study examines concentration businesses listed on Indonesia Stock Exchange from first quarter 2018 to third The method used this is a quantitative approach with r...

This article focuses on the transition of international monetary system to a multipolar structure. The continuously evolves, reflecting developments in world economy. main problem current is its dependence one key currency which still remains US dollar. authors this study address issue towards by examining concentration. primary objective work establish whether or not shows signs transitioning ...

The aim of the paper is to assess regional disparities within Slovak Republic with focus on market concentration that used determine competitiveness market. Following main research structure Slovakia in light selected socio-economic indicators was examined. most relevant indicator terms carried out GDP/capita, appropriate development region. step presents Herfindahl-Hirschman Index (HHI), a mea...

The consequences of the liberalisation electricity markets have been widely discussed in literature emphasising successes or failures privatisation and deregulation. While most developed power systems undergone a form economic transformation, they still require to be monitored analysed assess market power. Polish system is an example wherein potential examined fifteen years ago was summarised a...

This study examines the relationship between industry concentration and financial performance among Indian-listed firms across various industries. Using a sample of over 2,078 from 29 distinct sectors, Herfindahl-Hirschman Index for each company was calculated categorized into high, medium low-concentration categories. To ensure representativeness data reliability, 1,583 small companies with HH...

Abstract Previous estimates indicate that COVID-19 led to a large drop in the number of operating businesses early pandemic, but surprisingly little is known on whether these shutdowns turned into permanent closures and small were disproportionately hit. This paper provides first analysis business using confidential administrative firm-level panel data covering universe filing sales taxes from ...

OBJECTIVE This paper analyzes whether the rise in managed care during the 1990s caused the increase in hospital concentration. DATA SOURCES We assemble data from the American Hospital Association, InterStudy and government censuses from 1990 to 2000. STUDY DESIGN We employ linear regression analyses on long differenced data to estimate the impact of managed care penetration on hospital cons...

I examine how mergers affect performance in network industries. Network providers choose quality for communication within the provider’s own network, quality for communication between providers’ networks, and output. Cross-border mergers provide firms an incentive to increase output because merged firms internalize positive network externalities. Several results modify conclusions in the curren...