Intangibles and industry concentration

Intangibles and industry concentration : Supersize me - OECD iLibrary

It finds broad evidence of rising industry concentration across the majority of countries and sectors over the period 2002 to 2014. Rising ...

Supersize Me: Intangibles and Industry Concentration

Furthermore, it is specific to intangibles – investment in tangible assets is not positively correlated with industry concentration and controlling for it does ...

Intangibles and industry concentration - OECD

This paper presents new evidence on the growing scale of big businesses in the United States, Japan, and Europe. It finds broad evidence of rising industry ...

Intangibles and industry concentration: supersize me

Industries with the largest concentration increases also have the fastest growth in markups of large firms, but also lower industry prices. This suggests ...

Intangibles and industry concentration: Supersize me - OECD iLibrary

It documents a robust correlation between intangible investment intensity and changes in industry concentration (the share of 8 largest firms in industry sales) ...

Intangibles and industry concentration: Supersize me - IDEAS/RePEc

Abstract. This paper presents new evidence on the growing scale of big businesses in the United States, Japan, and Europe. It finds broad evidence of rising ...

Understanding weak capital investment

Moreover, intangibles are associated with at least two drivers of rising concentration: market power and productivity gains. Productivity gains derived from ...

Supersize Me: Intangibles and Industry Concentration

the rising role of intangible investment? Haskel and Westlake, 2017. Page 5. What we do. • Link changes in industry concentration to intangibles investment and ...

Intangibles and industry concentration: supersize me

This paper presents new evidence on the growing scale of big businesses in the United States, Japan and 11 European countries. It documents a broad increase ...

Intangibles and industry concentration: supersize me

The rising concentration is strongly associated with intensive investment in intangibles, particularly innovative assets, software and data, and this ...

Boom of Intangible Assets Felt Across Industries and Economy

Rethinking issues around productivity, income inequality and industry concentration · Opt In to the Review Monthly Email Update. · Related ...

the Role of Market Concentration and Intangibles

However, these shifts also create opportunities for policy innovation around new market mecha- nisms for intangible capital. ∗Crouzet: Northwestern University; ...

Intangible Investment and Market Concentration - GitHub Pages

The market shares of the top firms in industries increase and the average markup rises. In the calibrated model, a shift toward intangible ...

Intangibles, Concentration, and the Labor Share∗ - Lichen Zhang

In a similar vein,. Crouzet and Eberly (2019) observe that a firm's market share in its industry is higher when its intangible capital intensity is higher, and ...

The Value of Intangible Capital | NBER

We find that the rising role of intangibles is most apparent in firms that lead their markets and increase their market share, and hence ...

Fact of the Week: A 10-Percentage-Point Increase in Concentration ...

Widely adopted intangibles help lower firms' marginal costs, which helps consolidated firms pass along lower final costs to consumers.

Intangible capital and productivity divergence - Wiley Online Library

The industries where the productivity gap increased the most are those industries that had lower average productivity growth. Taken together, ...

Joshua Weiss - Research - Google Sites

Large productive firms with high markups disproportionately increase investment and gain market share. In the calibrated model, a shift toward intangible ...

Getting tangible about intangibles: The future of growth ... - McKinsey

Even in sectors with relatively lower growth such as manufacturing, top growers are using high investment in intangibles to outgrow the market.

Information Technology and Industry Concentration

gopolies, and Crouzet and Eberly (2018) attribute the growth in retail industry concentration to rising investment in intangibles, including IT.