Corporate Market Power in Romania : Assessing Recent Trends, Drivers, and Implications for Competition (English)

This paper explores firm-level heterogeneity to identify the underlying drivers of market power trends in Romania and the implications for competition and economic growth. The results show that the (sales-weighted) average markup in Romania increased by around 15 percent between 2008 and 2017. A key driving force behind this aggregate trend was the ability of a small fraction of firms—the top decile firms in the markup distribution—to increase their...

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Author

Iootty De Paiva Dias,Mariana;

Pop,Georgiana;

Pena,Jorge O.;
Document Date
2020/12/03
Document Type
Policy Research Working Paper
Report Number
WPS9487
Volume No
1
Total Volume(s)
1
Country
Romania,
Region
Europe and Central Asia,
Disclosure Date
2020/12/03
Disclosure Status
Disclosed
Doc Name
Corporate Market Power in Romania : Assessing Recent Trends, Drivers, and Implications for Competition
Keywords
national institute of statistic

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Citation

Iootty De Paiva Dias,Mariana; Pop,Georgiana; Pena,Jorge O..

Corporate Market Power in Romania : Assessing Recent Trends, Drivers, and Implications for Competition (English). Policy Research working paper|no. WPS 9487 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/845981607007573350

Corporate Market Power in Romania : Assessing Recent Trends, Drivers, and Implications for Competition (English)

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