Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/307706 
Year of Publication: 
2024
Series/Report no.: 
WIFO Working Papers No. 683
Publisher: 
Austrian Institute of Economic Research (WIFO), Vienna
Abstract: 
This paper provides a first empirical assessment of selected key indicators of the degree of competition in Austria in terms of industry concentration, firm-level markups and business dynamics. The analysis is based on firm-level data from 2008 to 2020 in collaboration with OECD Multiprod 2.0 and the Austrian Micro Data Center (AMDC). The results show that concentration has remained rather stable, while firm dynamics have promoted the reallocation of production and employment to more productive firms. However, average markups have increased in various sectors, especially in non-tradable services, indicating a self-reinforcing dynamic where the "winners-take-more".
Subjects: 
Competition monitoring
industry concentration
markups
business dynamics
JEL: 
L11
L16
L22
L25
L40
Document Type: 
Working Paper

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