Market Size Matters

By Jeffrey R. Campbell, Hugo A. Hopenhayn. 2003

336 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing

View Paper: https://www.semanticscholar.org/paper/ee623b8a0f6678cb075b56c259175f055fb3aa03

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Anindya Ghose
2. Volker Nocke
3. E. Helpman
4. John R. Baldwin
5. Wulong Gu
6. Joel Waldfogel
7. Tim Eisert
8. Max Floetotto

In Marketing

1. Avi Goldfarb
2. Anindya Ghose
3. Chris M. Forman
4. Allan Collard-Wexler
5. John R. Baldwin
6. Joel Waldfogel
7. Wulong Gu
8. Nir Jaimovich

Citations in the corpus

• Market Size, Trade, and Productivity (2005, neutral): “Campbell and Hopenhayn (2005) report that retail establishments in larger markets exhibit higher sales and employment, and nd weaker evidence that these distributions are more disperse.”
• Plant Turnover and Demand Fluctuations in the Ready-Mix Concrete Industry (2006, background): “This effect is not specific to the ready-mix concrete industry, as Campbell and Hopenhayn (2005) have also documented this link for retail trade.”
• Monopolistic Competition when Income Matters (2017, neutral): “This would match the evidence emphasized in the empirical literature on entry in concentrated markets (see Campbell and Hopenhayn, 2005, and the application to trade in Etro, 2013).”
• Selling a Cheaper Mousetrap: Wal-Mart's Effect on Retail Prices (2005, neutral): “Bresnahan and Reiss [4] and Campbell and Hopenhayn [5], among others, note that most models of imperfect competition predict smaller cities will have less competitive retail markets, but this prediction has been hard to test empirically.”
• The Impact of Trade on Plant Scale, Production-Run Length and Diversification (2006, result): “Though convenient from the analytical point of view, such a result is at odds with empirical findings that more intensive competition is associated with a higher elasticity of demand (Campbell and Hopenhayn, 2002; Greenhut et al., 1987; Roberts and Tybout, 1996; Syverson, 2003; Tybout 2002).”
• Trade, FDI, and the Organization of Firms (2006, background): “40 2005) evidence on retail trade industries across U.S. cities.”
• What Can Be Learned from Spatial Economics? (2019, neutral): “Since a larger city hosts a bigger population of heterogeneous consumers, oligopoly theory holds that markets are more competitive, and provide a broader range of varieties and higher-quality goods (Campbell and Hopenhayn 2005, Berry and Waldfogel 2010, Schiff 2015).”
• Market Structure and Productivity: A Concrete Example (2004, neutral): “…the second term in the brakets in (14) that a producer’s profits depend on a weighted 13 The result that the number of producers grows less than proportionately to the size of the market has been found empirically in other industries by Bresnahan and Reiss (1991) and Campbell and Hopenhayn (2002).”
• Product Quality and Market Size (2010, positive): “Our paper also contributes to the literature that documents the relationship between market size, entry and product variety; e.g. Bresnahan and Reiss (1991), Berry and Waldfogel (1999) and Campbell and Hopenhayn (2002).”