| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
|
| Título: |
Estimating the size distribution of firms using government summary statistics
|
| Autores: |
Golan, Amos
Judge, George G.
Perloff, Jeffrey M.
|
| Data: |
2009-02-10
|
| Ano: |
1995
|
| Palavras-chave: |
Business
Entropy
Industry size
Marketing
Probabilities
Statistics
Agribusiness
|
| Resumo: |
Using a maximum entropy technique, we estimate the market shares of each firm in an industry using the available government summary statistics such as the four-firm concentration ratio (C4) and the Herfindahl-Hirschmann Index (HHI). We show that our technique is very effective in estimating the distribution of market shares in 20 industries. Our results provide support for the recent practice of using HHI rather than C4 as the key explanatory variable in many market power studies, if only one measure is to be used.
|
| Tipo: |
Working or Discussion Paper
|
| Idioma: |
Inglês
|
| Identificador: |
http://purl.umn.edu/47276
|
| Relação: |
University of California, Berkeley>Department of Agricultural and Resource Economics>CUDARE Working Papers
CUDARE Working Paper
696R
|
| Formato: |
23
|
