Endogenous Sunk Cost, Scale Economies, and Market Concentration

Matsumoto, Yuichiro

Endogenous Sunk Cost, Scale Economies, and Market Concentration

Matsumoto, Yuichiro

Discussion Papers In Economics And Business, 2018, 18-20, 1-22

アクセス数:123件（2025-03-14 02:51 集計）

固定URL: https://hdl.handle.net/11094/70089

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タイトル	Endogenous Sunk Cost, Scale Economies, and Market Concentration
著者	著者名 Matsumoto, Yuichiro
キーワード等	Endogenous Sunk Cost
	Firm Size Distribution
	Heterogenous Firms
	Markup
	Quality Upgrading
抄録	This paper offers a theoretical explanation of the recent sales concentration in the U.S. economy. The model is based on in-house R&D, which is involved in scale economies. An R&D subsidy helps the expansion of larger firms and allows them to take higher markups. Thus, it induces a concentrated market structure.
出版者	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
収録物名	Discussion Papers In Economics And Business
巻(号)	18-20
ページ	1-22
刊行年月	2018-07
言語	英語
ハンドルURL	https://hdl.handle.net/11094/70089
NCID	AA1160366X
関連情報 (references)	URI http://www2.econ.osaka-u.ac.jp/library/global/dp/1820.pdf
アクセス権	metadata only access
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP
カテゴリ	Discussion Papers In Economics And Business

資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
DCMI資源タイプ	text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business. 2018, 18-20, p. 1-22
DC.title	Endogenous Sunk Cost, Scale Economies, and Market Concentration
DC.creator	Matsumoto, Yuichiro
DC.publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
DC.language' scheme='DCTERMS.RFC1766	英語
DC.type' scheme='DCTERMS.DCMIType	text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2018-07
DC.relation' scheme='DCTERMS.URI	http://www2.econ.osaka-u.ac.jp/library/global/dp/1820.pdf
DC.subject	Endogenous Sunk Cost
	Firm Size Distribution
	Heterogenous Firms
	Markup
	Quality Upgrading
DCTERMS.abstract	This paper offers a theoretical explanation of the recent sales concentration in the U.S. economy. The model is based on in-house R&D, which is involved in scale economies. An R&D subsidy helps the expansion of larger firms and allows them to take higher markups. Thus, it induces a concentrated market structure.
DC.format	70089
citation_title	Endogenous Sunk Cost, Scale Economies, and Market Concentration
citation_author	Matsumoto, Yuichiro
citation_publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University
citation_language	英語
citation_date	2018-07
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	18-20
citation_firstpage	1
citation_lastpage	22
citation_public_url	https://hdl.handle.net/11094/70089
citation_abstract_html_url	http://www2.econ.osaka-u.ac.jp/library/global/dp/1820.pdf

Endogenous Sunk Cost, Scale Economies, and Market Concentration

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