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Detecting Market Competition in the Japanese Beer Industry

Detecting Market Competition in the Japanese Beer Industry We investigate various characteristics, including firm-level panel data, of the Japanese beer market over time (over 30 years) to determine the level and nature of competition. Next, we conduct two sets of regressions using market share and firm-level accounting data in a variation of Boone’s (Econ J 118:1245–1261, 2008a; J Inst Theor Econ 164:587–611, 2008b) measure of competition. While traditional indicators (very high market concentration, little or no overt price competition) suggest that Japanese beer firms do not compete, Boone-style regressions yield strong evidence of competitive behavior. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png "Journal of Industry, Competition and Trade" Springer Journals

Detecting Market Competition in the Japanese Beer Industry

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References (33)

Publisher
Springer Journals
Copyright
Copyright © 2013 by Springer Science+Business Media New York
Subject
Economics / Management Science; Industrial Organization; Economic Policy; R & D/Technology Policy; Microeconomics; European Integration
ISSN
1566-1679
eISSN
1573-7012
DOI
10.1007/s10842-013-0166-9
Publisher site
See Article on Publisher Site

Abstract

We investigate various characteristics, including firm-level panel data, of the Japanese beer market over time (over 30 years) to determine the level and nature of competition. Next, we conduct two sets of regressions using market share and firm-level accounting data in a variation of Boone’s (Econ J 118:1245–1261, 2008a; J Inst Theor Econ 164:587–611, 2008b) measure of competition. While traditional indicators (very high market concentration, little or no overt price competition) suggest that Japanese beer firms do not compete, Boone-style regressions yield strong evidence of competitive behavior.

Journal

"Journal of Industry, Competition and Trade"Springer Journals

Published: May 23, 2013

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