Global Declining Competition /

Using a new firm-level dataset on private and listed firms from 20 countries, we document five stylized facts on market power in global markets. First, competition has declined around the world, measured as a moderate increase in average firm markups during 2000- 2015. Second, the markup increase is...

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Bibliographic Details
Main Author: Diez, Federico
Other Authors: Fan, Jiayue, Villegas-Sanchez, Carolina
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/082
Online Access:Full text available on IMF