Previous research has suggested that firms in a number of industries have considerable market power, in the sense that their prices exceed their marginal costs. However, the observed profits of those
This dataset was used in my paper, "Local Economic Freedom and Creative Destruction in America," which is forthcoming in Small Business Economics and is available at https://rdcu.be/bHPLr. The dataset
In the past several decades, the U.S. economy has witnessed a number of striking trends that indicate a rising market concentration and a slowdown in business dynamism. In this paper, we make an attem
