The UK and US tobacco industries provide a particularly clean place to examine the impact of changes in market structure on firm conduct and productivity in a rapidly innovating industry.
The longer–term technical efficiency effects of management buyouts (MBOs) are evaluated using a stochastic production frontier approach on a panel of UK manufacturing firms.
I examine the factors facilitating or hindering collusion using a comprehensive data set on the incidence of price–fixing across UK manufacturing industries in the 1950s.
This paper empirically analyses the determinants of firm participation in Research Joint Ventures (RJVs).
We study entry, exit and survival of UK manufacturing establishments from 1986 to 1991 using the newly released ARD database. We document patterns of entry and exit across industries and over time.
This paper estimates Sutton's lower bound [1991, 1998] by quantile regression, and thus shows the influence of outliers on previous estimates that used the simplex method.