Market size matters

被引：115

作者：

Campbell, JR

Hopenhayn, HA

机构：

[1] Fed Reserve Bank Chicago, Chicago, IL 60604 USA

[2] NBER, Chicago, IL 60604 USA

[3] Univ Calif Los Angeles, Dept Econ, Los Angeles, CA 90095 USA

来源：

JOURNAL OF INDUSTRIAL ECONOMICS | 2005年 / 53卷 / 01期

基金：

美国国家科学基金会;

关键词：

D O I：

10.1111/j.0022-1821.2005.00243.x

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper characterizes the effects of market size on the size distribution of establishments for thirteen retail trade industries across 225 U.S. cities. In most industries we examine, establishments are larger in larger cities. Models of large-group competition in which markups fall after adding competitors can reproduce this observation.

引用

页码：1 / 25

页数：25