Declining Competition and Investment in the U.S.
收藏NBER2017-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23583
下载链接
链接失效反馈官方服务：
资源简介：
The U.S. business sector has under-invested relative to Tobin's Q since the early 2000's. We argue that declining competition is partly responsible for this phenomenon. We use a combination of natural experiments and instrumental variables to establish a causal relationship between competition and
提供机构：
美国国家经济研究局创建时间：
2017-07-01
