The book uses distance functions, a generalization of the more familiar production function, as the theoretical and empirical tools to construct Lerner indexes of market power in both the input and output markets. The use of distance functions enables us to explicitly account for the effects of firm inefficiency and price markups in the evaluation of market power. The book focusses on the theory and provides a menu of applications to construct measures of firm efficiency and market power in the financial and public sectors.
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Língua Inglês ● Formato EPUB ● Páginas 148 ● ISBN 9789811285936 ● Editor Margaritis Dimitris Margaritis & Fare Rolf Fare ● Editora World Scientific Publishing Company ● Publicado 2024 ● Carregável 3 vezes ● Moeda EUR ● ID 9449399 ● Proteção contra cópia Adobe DRM
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