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Data and Code for: Antitrust Policies and Profitability in Non-Tradable Sectors

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ICPSR2021-01-01 更新2026-04-16 收录
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https://www.openicpsr.org/openicpsr/project/121821/version/V1/view?path=/openicpsr/121821/fcr:versions/V1/Replication-package/Data-construction/Orbis/Raw-Data&type=folder
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资源简介:
Firms in tradable sectors are more likely to be subject to external competition to limit market power while non-tradable firms are more dependent on domestic policies and institutions. This paper combines an antitrust index available for multiple countries with firm-level data from Orbis covering more than 10 million firms from 90 countries, covering 20 sectors over 10 years and finds that profit margins of firms operating in non-tradable sectors are significantly lower in countries with stronger antitrust policies compared to firms operating in tradable sectors. The results are robust to a wide variety of empirical specifications.
提供机构:
Department of Economics and STICERD, London School of Economics and Political Science; Department of Finance, BAFFI CAREFIN and IGIER, Bocconi University; Department of Economics and Center for Economic Performance, London School of Economics and Political Science
创建时间:
2021-01-01
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