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Market Power in the U.S. Airline Industry
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Market Power in the U.S. Airline Industry (2021)Market Power in the U.S. Airline IndustryThe Fall of the Labor Share and the Rise of Superstar Firms* (2020)The Fall of the Labor Share a…On the Identification of Gross Output Production Functions (2019)On the Identification of Gros…The Fall of the Labor Share and the Rise of Superstar Firms (2017)The Fall of the Labor Share a…Declining Competition and Investment in the U.S. (2017)Declining Competition and Inv…Identification Properties of Recent Production Function Estimators (2015)Identification Properties of …What Determines Productivity? (2011)What Determines Productivity?Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability? (2008)Reallocation, Firm Turnover, …Measuring Duopoly Power in the British Electricity Spot Market (1999)Measuring Duopoly Power in th…Testing Static Oligopoly Models: Conduct and Cost in the Sugar Industry, 1890-1914 (1998)Testing Static Oligopoly Mode…Measuring Market Power in the Ready-to-Eat Cereal Industry (1998)Measuring Market Power in the…MERGERS AND MARKET POWER -- EVIDENCE FROM THE AIRLINE INDUSTRY. (1993)MERGERS AND MARKET POWER -- E…Estimation of a Model of Entry in the Airline Industry (1992)Estimation of a Model of Entr…The Relation between Price and Marginal Cost in U.S. Industry (1988)The Relation between Price an…Competition and Collusion in the American Automobile Industry: The 1955 Price War (1987)Competition and Collusion in …Economies of Density versus Economies of Scale: Why Trunk and Local Service Airline Costs Differ (1984)Economies of Density versus E…UNIONS, REAL WAGES AND EMPLOYMENT IN BRITAIN 1951–79 (1983)UNIONS, REAL WAGES AND EMPLOY…The impact of airline business models on excess capacity (2023)The impact of airline busines…The Evolution of Market Power in the U.S. Automobile Industry (2023)The Evolution of Market Power…Estimating Discrete-Choice Models of Product Differentiation (1994)Automobile Prices in Market Equilibrium (1995)Mixed MNL models for discrete response (2000)Eat, Drink, Firms, Government: An Investigation of Corruption from the Entertainment and Travel Costs of Chinese Firms (2011)The Rise of Market Power and the Macroeconomic Implications (2017)The Rise of Market Power and the Macroeconomic Implications* (2020)The market for corporate control (1983)Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms (1988)Takeovers: Their Causes and Consequences (1988)Do Substantial Horizontal Mergers Generate Significant Price Effects? Evidence From The Banking Industry (1998)Wealth creation versus wealth redistributions in pure stock-for-stock mergers1We are grateful to Tom Arnold, Sanjai Bhagat, James Bicksler, David Blackwell, Ekkehart Boehmer, Ted Bos, Robert Brokaw, Bill Carleton, Bob Comment, Chris Cornwell, Mary Dehner, Bob Eisenbeis, Jimmy Hilliard, Randy Howard, Steve Jones, Ed Kane, Josef Lakonishok, Larry Lang, Bill Lewellen, Marc Lipson, Paul Malatesta, Jeff Netter, Cathy Niden, Volker Pollmann, Annette Poulsen, Jay Ritter, Richard Ruback, Louis Scott, Joe Sinkey, Bill Schwert (the editor), Ralph Walkling (the referee), Ron Warren, J. Fred Weston, Karen Wruck, and seminar participants at the University of Arizona, the University of Delaware, the University of Illinois, the University of Georgia, the University of Miami, Seattle University, the 1995 European Finance Association, the 1996 Financial Management Association, and the 1996 American Finance Association meetings for their helpful comments and recommendations. We also gratefully acknowledge the financial support provided for this project by the University of Georgia Research Foundation. Finally, Steve Henry, Rick McKinney, David Quillian, and Ryan Vaughn provided vital assistance with data collection and assisted with data input.1 (1998)Acquisition vs. internal development as modes of market entry (2009)The Cyclical Behavior of Marginal Cost and Price (1987)Costly capital reallocation and the effects of government spending (1998)Information Technology and the U.S. Productivity Revival: What Do the Industry Data Say? (2002)Output, Input and Productivity Measures at the Industry Level: The EU KLEMS Database (2009)Noncooperative Collusion under Imperfect Price Information (1984)Chapter 17 Empirical studies of industries with market power (1989)Supply Function Equilibria in Oligopoly under Uncertainty (1989)Strategic Bidding in a Multiunit Auction: An Empirical Analysis of Bids to Supply Electricity in England and Wales (1998)A New Way to Measure Competition (2008)Understanding strategic bidding in multi‐unit auctions: a case study of the Texas electricity spot market (2008)Patents as Options: Some Estimates of the Value of Holding European Patent Stocks (1984)Simulation and the Asymptotics of Optimization Estimators (1989)An empirical model of firm entry with endogenous product-type choices (2006)Sequential Estimation of Dynamic Discrete Games (2007)The Effects of Entry on Incumbent Innovation and Productivity (2009)Economic Welfare and the Allocation of Resources for Invention (1962)Estimating Production Functions Using Inputs to Control for Unobservables (2003)The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity (2003)Why Do Management Practices Differ across Firms and Countries? (2010)Does Management Matter? Evidence from India (2011)Does Working from Home Work? Evidence from a Chinese Experiment * (2014)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Another look at the instrumental variable estimation of error-components models (1995)Initial conditions and moment restrictions in dynamic panel data models (1998)Watering Down Environmental Regulation in China* (2020)The China Syndrome: Local Labor Market Effects of Import Competition in the United States (2013)Capital in the Twenty-First Century (2014)Artificial intelligence, firm growth, and product innovation (2023)Selection and the Evolution of Industry (1982)Identifying Technology Spillovers and Product Market Rivalry (2013)Living by the "Golden Rule": Multimarket Contact in the U. S. Airline Industry (1994)Tourism and economic development: A survey (1998)Data envelopment analysis theory and techniques for economics and operations research (2004)
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References

  • 2011What Determines Productivity?2,906 cited
  • 2015Identification Properties of Recent Production Function Estimators2,259 cited
  • 2020The Fall of the Labor Share and the Rise of Superstar Firms*2,202 cited
  • 1998Measuring Market Power in the Ready-to-Eat Cereal Industry2,069 cited
  • 2008Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability?1,859 cited
  • 1988The Relation between Price and Marginal Cost in U.S. Industry1,206 cited
  • 1992Estimation of a Model of Entry in the Airline Industry1,013 cited
  • 1984Economies of Density versus Economies of Scale: Why Trunk and Local Service Airline Costs Differ744 cited
  • 1999Measuring Duopoly Power in the British Electricity Spot Market744 cited
  • 1993MERGERS AND MARKET POWER -- EVIDENCE FROM THE AIRLINE INDUSTRY.630 cited
  • 1987Competition and Collusion in the American Automobile Industry: The 1955 Price War551 cited
  • 1983UNIONS, REAL WAGES AND EMPLOYMENT IN BRITAIN 1951–79466 cited
  • 2017The Fall of the Labor Share and the Rise of Superstar Firms454 cited
  • 2017Declining Competition and Investment in the U.S.423 cited
  • 1998Testing Static Oligopoly Models: Conduct and Cost in the Sugar Industry, 1890-1914

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393 cited
  • 2019On the Identification of Gross Output Production Functions370 cited
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    • 2023The Evolution of Market Power in the U.S. Automobile Industry57 cited
    • 2023The impact of airline business models on excess capacity11 cited