|
EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/18927
|
| | |
| Title: | | Market concentration and product variety under spatial competition : evidence from retail gasoline  |
| Authors: | | Goetz, Georg Gugler, Klaus |
| Issue Date: | | 2004 |
| Series/Report no.: | | CESifo working papers 1289 |
| Abstract: | | We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in cases where exit costs in relation to (outlet-specific) fixed costs are high. Our empirical analysis of the Austrian retail gasoline market confirms that increases in concentration reduce product variety. Ignoring this product variety effect is likely to lead to an underestimate of market power in structural merger analysis. |
| Subjects: | | spatial product differentiation retail gasoline mergers concentration |
| JEL: | | L11 L90 L13 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/18927
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|