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Market size matters
被引：113
|作者：
Campbell, JR
Hopenhayn, HA
机构：
[1] Fed Reserve Bank Chicago, Chicago, IL 60604 USA
[2] NBER, Chicago, IL 60604 USA
[3] Univ Calif Los Angeles, Dept Econ, Los Angeles, CA 90095 USA
来源：
关键词：
D O I：
10.1111/j.0022-1821.2005.00243.x
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This paper characterizes the effects of market size on the size distribution of establishments for thirteen retail trade industries across 225 U.S. cities. In most industries we examine, establishments are larger in larger cities. Models of large-group competition in which markups fall after adding competitors can reproduce this observation.
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页码：1 / 25
页数：25
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