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on Industrial Organization |
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Issue of 2015‒07‒11
four papers chosen by |
| By: | NISHITATENO Shuhei |
| Abstract: | The question of whether incumbent firms could deter new entrants in a more concentrated market has been a major concern by both antitrust authorities and industrial economists. This study is the first attempt to analyze the relationship between the market structure and entry in the intermediate goods market, utilizing unique data on auto parts transactions between automakers and auto parts suppliers in Japan during the period 1990-2010. The results suggest that there exists a U-shaped relationship between market concentration and entry, which sees entry decreasing and then increasing as markets concentrate. This result could emanate from a significant role of multi-product and multi-customer firms. |
| Date: | 2015–07 |
| URL: | http://d.repec.org/n?u=RePEc:eti:dpaper:15081&r=ind |
| By: | Luis Aguiar (European Commission - JRC - IPTS); Jorg Claussen (Copenhagen Business School); Christian Peukert (University of Zurich) |
| Abstract: | Taking down copyright-infringing websites is a way to reduce consumption of pirated media content and increase licensed consumption. We analyze the consequences of the shutdown of the most popular German video streaming website - kino.to - in June 2011. Using individual-level clickstream data, we find that the shutdown led to significant but short-lived declines in piracy levels. The existence of alternative sources of unlicensed consumption, coupled with the rapid emergence of new platforms, led the streaming piracy market to quickly recover from the intervention and to limited substitution into licensed consumption. Our results therefore present evidence of a high elasticity of supply in the online movie piracy market, together with relatively low switching costs for users of copyright infringing platforms. The fact that the post-shutdown market structure was much more fragmented - and therefore more resistant to future interventions - further questions the effectiveness of the intervention. |
| Keywords: | Anti-Piracy Intervention, Copyright, Movie Industry, Natural Experiment |
| JEL: | K42 L82 O34 O38 |
| Date: | 2015–01 |
| URL: | http://d.repec.org/n?u=RePEc:ipt:decwpa:2015-01&r=ind |
| By: | Yuri Sinachev (Interdepartmental Analytical Center, RANEPA); Mikhail Kuzyk (Interdepartmental Analytical Center, RANEPA) |
| Abstract: | This paper deals with assessment of the experience in industrial policy implementation in Russia, and a determination of the key lessons including an analysis of two examples of industrial policy – the nano-industry and the automotive industry. |
| Keywords: | Russian economy, industrial policy |
| JEL: | L32 L38 L52 L59 |
| Date: | 2015 |
| URL: | http://d.repec.org/n?u=RePEc:gai:ppaper:225&r=ind |
| By: | Gregory S. Crawford |
| Abstract: | Television is the dominant entertainment medium for hundreds of millions. This chapter surveys the economic forces that determine the production and consumption of this content. It presents recent trends in television and online video markets, both in the US and internationally, and describes the state of theoretical and empirical research on these industries. A number of distinct themes emerge, including the growing importance of the pay-television sector, the role played by content providers (channels), distributors, and negotiations between them in determining market outcomes, and concerns about the effects of market power throughout this vertical structure. It also covers important but unsettled topics including the purpose for and effects of both the old (Public Service Broadcasters) and the new (online video markets). Open theoretical and empirical research questions are highlighted throughout. |
| Keywords: | Economics, television, online video, public service broadcasting, advertising, pay television, bundling, bargaining, market power, net neutrality, foreclosure, policy |
| JEL: | L82 L86 L32 M37 C72 D40 L40 L50 |
| Date: | 2015–06 |
| URL: | http://d.repec.org/n?u=RePEc:zur:econwp:197&r=ind |