Declining Competition and Investment in the U.S.

By Germán Gutiérrez, Thomas Philippon. 2017

415 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/f484198e21213856885b9186556b1a39217c885b

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In Economics and Econometrics

Citations in the corpus

From Good to Bad Concentration? US Industries over the Past 30 Years (2019, background): “Moreover, in Gutiérrez and Philippon (2017a), we compare the evolution of the 5 industries that concentrate the most in the US against Europe.”
Industry Concentration in Europe and North America (2019, background): “The paper most closely related to our paper is Gutiérrez and Philippon (2018), who use Orbis data and find that concentration ratios have remained broadly stable in Europe, both when calculated within countries and when treating all of Europe as a single market.”
Diverging Trends in National and Local Concentration (2018, neutral): “Figure (17) shows that the arrival of Cemex into a ZIP code reduces concentration in its industry by about 0.”
How European Markets Became Free: A Study of Institutional Drift (2018, neutral): “Industries follow the EU KLEMS segmentation outlined in Appendix D. Google, Microsoft and Facebook are all contained in Information, Amazon in Trade and Apple in Manufacturing Notes: this figure is replicated from Gutiérrez and Philippon (2017a).”
Public Debt and Low Interest Rates (2019, background): “These effects are shown in Figures 13 and 14, which show the average welfare effects of successful and unsuccessful debt rollovers, for the linear and CobbDouglas cases.”
AI and the Economy (2018, background): “A number of economists document that the US economy has become highly concentrated in a number of sectors (e.g., De Loecker and Eeck‑ hout 2017; Gutiérrez and Philippon 2017).”
Democracy and Entrepreneurship (2020, background): “Still, Italy remained one of the anchors of democracy, even with its frequent re- alignments and devaluation of its national currency, the Lira (Gros & Thygesen, 1998).”