263
Views
4
CrossRef citations to date
0
Altmetric
Original Articles

The competitive conditions in the OECD manufacturing industry

&

References

  • Andries, A. M. and Capraru, B. (2014) The nexus between competition and efficiency: the European banking industries experience, International Business Review, 23, 566–79. doi:10.1016/j.ibusrev.2013.09.004
  • Bain, J. S. (1956) Barriers to New Competition, Harvard Press, Cambridge, MA.
  • Beck, T., Demirguc-Kunt, A. and Levine, R. (2006) Bank concentration, competition, and crises: first results, Journal of Banking and Finance, 30, 1581–603. doi:10.1016/j.jbankfin.2005.05.010
  • Bikker, J. A. and Haaf, K. (2002) Competition, concentration and their relationship: an empirical analysis of the banking industry, Journal of Banking and Finance, 26, 2191–214. doi:10.1016/S0378-4266(02)00205-4
  • Bikker, J. A., Shaffer, S. and Spierdijk, L. (2012) Assessing competition with the Panzar-Rosse model: the role of scale, costs, and equilibrium, Review of Economics and Statistics, 94, 1025–44. doi:10.1162/REST_a_00210
  • Bottini, N. and Molnár, M. (2010). How large are competitive pressures in services markets? Estimation of mark-ups for selected OECD countries, OECD Journal: Economic Studies, 1, 1–51.
  • Christopoulou, R. and Vermeulen, P. (2012) Markups in the Euro area and the US over the period 1981–2004: a comparison of 50 sectors, Empirical Economics, 42, 53–77. doi:10.1007/s00181-010-0430-3
  • Claessens, S. and Laeven, L. (2004) What drives bank competition? Some international evidence, Journal of Money, Credit and Banking, 36, 563–83. doi:10.1353/mcb.2004.0044
  • Coccorese, P. (2012) Information sharing, market competition and antitrust intervention: a lesson from the Italian insurance sector, Applied Economics, 44, 351–59. doi:10.1080/00036846.2010.508721
  • Delis, M. (2010) Competitive conditions in the Central and Eastern European banking systems, Omega, 38, 268–74. doi:10.1016/j.omega.2008.09.002
  • Dobbelaere, S. (2004) Estimation of price-cost margins and union bargaining power for Belgian manufacturing, International Journal of Industrial Organization, 22, 1381–98. doi:10.1016/j.ijindorg.2004.10.003
  • Fafaliou, I. and Polemis, M. (2013) Competitiveness of the Euro zone manufacturing: a panel data analysis, International Advances in Economic Research, 19, 45–61. doi:10.1007/s11294-012-9381-0
  • Fischer, T. and Kamerschen, D. R. (2003) Measuring competition in the US airline industry using the Rosse-Panzar test and cross-sectional regression analysis, Journal of Applied Economics, 6, 73–93.
  • Gutierrez, L. (2007) Testing for competition in the Spanish banking industry: the Panzar-Rosse approach revisited, Working Paper, No. 726, National Central Bank of Spain, Madrid.
  • Kao, C. (1999) Spurious regression and residual-based tests for cointegration in panel data, Journal of Econometrics, 90, 1–44. doi:10.1016/S0304-4076(98)00023-2
  • Liu, B., Wang, X., Chen, Y. et al. (2013) Market structure of China’s construction industry based on the Panzar–Rosse model, Construction Management and Economics, 31, 731–45. doi:10.1080/01446193.2013.817679
  • Maddala, G. S. and Wu, S. (1999) A comparative study of unit root tests with panel data and new simple test, Oxford Bulletin of Economics and Statistics, 61, 631–52.
  • Maioli, S. (2004) A joint estimation of markups and returns to scale in 30 French industries: a structural approach, in EARIE Conference Proceedings, Berlin, 2–5 September.
  • Mamatzakis, E., Staikouras, C. and Koutsomanoli-Fillipaki, N. (2005) Competition and concentrationin the banking sector of the South Eastern European region, Emerging Markets Review, 6, 192–209. doi:10.1016/j.ememar.2005.03.003
  • Mason, E. (1939) Price and production policies of large-scale enterprises, American Economic Review, 29, 61–74.
  • Nyblom, J. and Harvey, A. (2000) Tests of common stochastic trends, Econometric Theory, 16, 176–99. doi:10.1017/S0266466600162024
  • OECD. (2014) OECD Competition Assessment Reviews, OECD Publishing, Greece. Available at http://dx.doi.org/10.1787/9789264206090-en (accessed 6 November 2014).
  • Panzar, J. C. and Rosse, J. N. (1987) Testing for ‘monopoly’ equilibrium, Journal of Industrial Economics, 35, 443–56. doi:10.2307/2098582
  • Pedroni, P. (1999) Critical values for cointegration tests in heterogenous panels with multiple regressors, Oxford Bulletin of Economics and Statistics, 61, 653–70.
  • Pedroni, P. (2000) Fully modified OLS for heterogeneous co-integrated panels, Advance Economics, 15, 93–130.
  • Pedroni, P. (2001) Purchasing power parity tests in cointegrated panels, Review of Economics and Statistics, 83, 727–31. doi:10.1162/003465301753237803
  • Pesaran, M. (2004) General diagnostic tests for cross section dependence in panels, Cambridge Working Papers in Economics 435, and CESifo Working Paper Series No. 1229.
  • Pesaran, M. (2007) A simple panel unit root test in the presence of cross-section dependence, Journal of Applied Econometrics, 22, 265–312. doi:10.1002/jae.951
  • Polemis, M. (2014) Empirical estimation of market power in Greece, Applied Economics Letters, 21, 747–50. doi:10.1080/13504851.2014.887186
  • Rezitis, A. and Kalantzi, M. (2013) Measuring the degree of market power in the Greek manufacturing industry, International Review of Applied Economics, 27, 339–59. doi:10.1080/02692171.2012.721756
  • Roeger, W. (1995) Can imperfect competition explain the difference between primal and dual productivity measures? Estimates for U.S. manufacturing, Journal of Political Economy, 103, 316–31. doi:10.1086/261985
  • Shaffer, S. (1982) Competition, conduct and demand elasticity, Economics Letters, 10, 167–71. doi:10.1016/0165-1765(82)90132-X
  • Shaffer, S. (2002) Conduct in a banking monopoly, Review of Industrial Organization, 20, 221–38. doi:10.1023/A:1015091407841
  • Shaffer, S. and Di Salvo, J. (1994) Conduct in a banking duopoly, Journal of Banking and Finance, 18, 1063–82. doi:10.1016/0378-4266(94)00060-3
  • Smith, V., Leybourne, S., Kim, T.-H. et al. (2004) More powerful panel data unit root tests with an application to mean reversion in real exchange rates, Journal of Applied Econometrics, 19, 147–70. doi:10.1002/jae.723
  • Tsutsui, Y. and Kamesaka, A. (2005) Degree of competition in the Japanese securities industry, Journal of Economics and Business, 57, 360–74. doi:10.1016/j.jeconbus.2005.01.001
  • Westerlund, J. (2007) Testing for error correction in panel data, Oxford Bulletin of Economics and Statistics, 69, 709–48. doi:10.1111/j.1468-0084.2007.00477.x
  • Yildirim, H. S. and Philippatos, G. C. (2007) Restructuring, consolidation and competition in Latin American banking markets, Journal of Banking and Finance, 31, 629–39. doi:10.1016/j.jbankfin.2006.06.008

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.