Market power: The inequality connection

Ennis, Sean ORCID: (2019) Market power: The inequality connection. CPI Antitrust Chronicle, 3 (1).

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Market power is increasingly considered a potential source of inequality. Interestingly, during the same period in which mark-ups are likely to have risen substantially, and inequality to have increased, extreme poverty has fallen dramatically. These results suggest the ultimate mechanisms driving these changes may be complex. To the extent that market power is one of the origins of inequality, results of a long-run analysis based on a steady state model incorporating market power suggest that, out of 8 major OECD countries, Germany and the U.S. have the largest per capita wealth impact from reducing market power.

Item Type: Article
Uncontrolled Keywords: sdg 1 - no poverty ,/dk/atira/pure/sustainabledevelopmentgoals/no_poverty
Faculty \ School: Faculty of Social Sciences > Norwich Business School
UEA Research Groups: Faculty of Social Sciences > Research Groups > Responsible Business Regulation Group
Faculty of Social Sciences > Research Centres > Centre for Competition Policy
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Depositing User: LivePure Connector
Date Deposited: 07 Apr 2020 00:43
Last Modified: 24 May 2023 04:02


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