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...

Full description

Saved in:
Bibliographic Details
Main Authors: Diez, Federico J. (Author), Fan, Jiayue (Author), Villegas-Sanchez, Carolina (Author)
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, [2019]
Series:IMF working paper ; WP/19/82.
Subjects:
Online Access:CONNECT