{"id":269531,"date":"2024-07-23T11:37:50","date_gmt":"2024-07-23T09:37:50","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/269531\/"},"modified":"2024-07-23T12:37:55","modified_gmt":"2024-07-23T10:37:55","slug":"industry-concentration-firm-level-markups-and-business-dynamics-from-austrian-micro-data","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/269531\/","title":{"rendered":"Industry Concentration, Firm-level Markups and Business Dynamics from Austrian Micro-data"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-269531","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"This paper provides a first empirical assessment of selected key indicators of the degree of competition in Austria in terms of industry concentration, firm-level markups and business dynamics. The analysis is based on firm-level data from 2008 to 2020 in collaboration with OECD Multiprod 2.0 and the Austrian Micro Data Center (AMDC). The results show that concentration has remained rather stable, while firm dynamics have promoted the reallocation of production and employment to more productive firms. However, average markups have increased in various sectors, especially in non-tradable services, indicating a self-reinforcing dynamic where the \"winners-take-more\".","onlinedate":"2024-07-23 12:00:00","lang":"English","publication_series":"","publication_date":"20240723","publication_date_year":"","publication_date_full":true,"publication_num_pages":"69","keywords":"[\"Competition monitoring\",\"Industry concentration\",\"Markups\",\"Business dynamics\"]","jelcodes":"[\"L11\",\"L16\",\"L22\",\"L25\",\"L40\"]","related_publications":"[]","pdf":269535,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"683","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":"2024-07-23 12:00:00","types":[44410],"research_groups":[3491],"collaboration":"","persons":[3776,3887],"persons_data":"[{\"personId\":3776,\"personName\":\"Michael Peneder\",\"organisationNames\":[]},{\"personId\":3887,\"personName\":\"Fabian Unterlass\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[42047],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Peneder, M.<\\\/span><span>, &amp; Unterlass, F.<\\\/span> (2024). <span>Industry Concentration, Firm-level Markups and Business Dynamics from Austrian Micro-data<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (683).<\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Peneder M<\\\/span><span>, Unterlass F<\\\/span>. <span class=\\\"title\\\"><span>Industry Concentration, Firm-level Markups and Business Dynamics from Austrian Micro-data<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2024 Jul 23;(683).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{49166516e71b4effa2eaaa9572272424,<\\\/div><div>  title    = \\\"Industry Concentration, Firm-level Markups and Business Dynamics from Austrian Micro-data\\\",<\\\/div><div>  abstract = \\\"This paper provides a first empirical assessment of selected key indicators of the degree of competition in Austria in terms of industry concentration, firm-level markups and business dynamics. The analysis is based on firm-level data from 2008 to 2020 in collaboration with OECD Multiprod 2.0 and the Austrian Micro Data Center (AMDC). The results show that concentration has remained rather stable, while firm dynamics have promoted the reallocation of production and employment to more productive firms. However, average markups have increased in various sectors, especially in non-tradable services, indicating a self-reinforcing dynamic where the {\\\"}winners-take-more{\\\"}.\\\",<\\\/div><div>  keywords = \\\"Competition monitoring, Effective competition, Industry concentration, Markups, Business dynamism, Competition monitoring, Industry concentration, Markups, Business dynamics\\\",<\\\/div><div>  author   = \\\"Michael Peneder and Fabian Unterlass\\\",<\\\/div><div>  year     = \\\"2024\\\",<\\\/div><div>  month    = jul,<\\\/div><div>  day      = \\\"23\\\",<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Working Papers\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Industry Concentration, Firm-level Markups and Business Dynamics from Austrian Micro-data<\\\/p><p>AU  - Peneder, Michael<\\\/p><p>AU  - Unterlass, Fabian<\\\/p><p>PY  - 2024\\\/7\\\/23<\\\/p><p>Y1  - 2024\\\/7\\\/23<\\\/p><p>N2  - This paper provides a first empirical assessment of selected key indicators of the degree of competition in Austria in terms of industry concentration, firm-level markups and business dynamics. The analysis is based on firm-level data from 2008 to 2020 in collaboration with OECD Multiprod 2.0 and the Austrian Micro Data Center (AMDC). The results show that concentration has remained rather stable, while firm dynamics have promoted the reallocation of production and employment to more productive firms. However, average markups have increased in various sectors, especially in non-tradable services, indicating a self-reinforcing dynamic where the \\\"winners-take-more\\\".<\\\/p><p>AB  - This paper provides a first empirical assessment of selected key indicators of the degree of competition in Austria in terms of industry concentration, firm-level markups and business dynamics. The analysis is based on firm-level data from 2008 to 2020 in collaboration with OECD Multiprod 2.0 and the Austrian Micro Data Center (AMDC). The results show that concentration has remained rather stable, while firm dynamics have promoted the reallocation of production and employment to more productive firms. However, average markups have increased in various sectors, especially in non-tradable services, indicating a self-reinforcing dynamic where the \\\"winners-take-more\\\".<\\\/p><p>KW  - Competition monitoring<\\\/p><p>KW  - Effective competition<\\\/p><p>KW  - Industry concentration<\\\/p><p>KW  - Markups<\\\/p><p>KW  - Business dynamism<\\\/p><p>KW  - Competition monitoring<\\\/p><p>KW  - Industry concentration<\\\/p><p>KW  - Markups<\\\/p><p>KW  - Business dynamics<\\\/p><p>M3  - WIFO series<\\\/p><p>JO  - WIFO Working Papers<\\\/p><p>JF  - WIFO Working Papers<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[\"Schmidt-Padickakudy Nicole\",\"Slickers Tim\",\"Uhl Moritz\"]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Industry Concentration, Firm-level Markups and Business Dynamics from Austrian Micro-data - 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