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Market Leaders and Industrial Policy

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Author Info

  • Federico Etro

    ()
    (Department of Economics, University of Milan-Bicocca)

Abstract

This article provides an overview of recent progress in the theory of market structure, of the role of market leaders and the scope of industrial policy, presents new results through simple examples of quantity competition, price competition and competition for the market and develops new applications to the theory of competition in presence of network externalities and learning by doing, of strategic debt financing in the optimal financial structure, of bundling as a strategic device, of vertical restraints through interbrand competition, of price discrimination and to the theory of innovation. Finally, it draws policy implications for antitrust issues with particular reference to the approach to abuse of dominance and to the protection of IPRs to promote innovation.

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File URL: http://dipeco.economia.unimib.it/repec/pdf/mibwpaper103.pdf
File Function: First version, 2006
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Bibliographic Info

Paper provided by University of Milano-Bicocca, Department of Economics in its series Working Papers with number 103.

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Length: 52 pages
Date of creation: Nov 2006
Date of revision: Nov 2006
Handle: RePEc:mib:wpaper:103

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Related research

Keywords: Leadership; Free; Competition Policy; Financial Structure; Bundling; Innovation; Strategic Trade Policy;

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References

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Citations

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Cited by:
  1. Zigic, Kresimir & Maçi, Ilir, 2011. "Competition policy and market leaders," Economic Modelling, Elsevier, vol. 28(3), pages 1042-1049, May.
  2. Ivan Ledezma, 2010. "Defensive Strategies in the Quality Ladders," Working Papers DT/2010/11, DIAL (Développement, Institutions et Mondialisation).
  3. Bruno Amable & Ivan Ledezma & Stéphane Robin, 2014. "Product market regulation, innovation and productivity," Documents de travail du Centre d'Economie de la Sorbonne 14025, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
  4. Federico Etro, 2007. "Stackelberg competition with endogenous entry," Working Papers 121, University of Milano-Bicocca, Department of Economics, revised 2007.
  5. repec:hal:wpaper:halshs-00586709 is not listed on IDEAS
  6. Eugen Kovac & Viatcheslav Vinogradov & Krešimir Žigiæ, 2009. "Technological Leadership and Persistence of Monopoly under Endogenous Entry: Static versus Dynamic Analysis," CERGE-EI Working Papers wp401, The Center for Economic Research and Graduate Education - Economic Institute, Prague.
  7. Bruno AMABLE & Iván LEDEZMA, 2013. "Export Performance And Product Market Regulation," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 37, pages 231-258.
  8. Krešimir Žigić, 2012. "Stackelberg leadership with product differentiation and endogenous entry: some comparative static and limiting results," Journal of Economics, Springer, vol. 106(3), pages 221-232, July.
  9. Hiroaki Ino & Toshihiro Matsumura, 2009. "What role should public enterprises play in free-entry markets?," Discussion Paper Series 46, School of Economics, Kwansei Gakuin University, revised Jun 2009.
  10. Cappenberg, Christina, 2013. "Staatliche Förderung regionaler Unternehmensnetzwerke: Legitimation nationaler Clusterpolitik," Arbeitspapiere 140, Westfälsche Wilhelms-Universität Münster (WWU), Institut für Genossenschaftswesen.
  11. Viatcheslav Vinogradov & Kresimir Zigic & Eugen Kovac, 2010. "Technological Leadership and the Persistence of Monopoly under Endogenous Entry: Static versus Dynamic Analysis," 2010 Meeting Papers 795, Society for Economic Dynamics.

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