CORDIS Project
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This research investigates how the ownership structure of firms affects competition, innovation, and economic outcomes. It focuses on the implications of increasing common ownership in industries and aims to develop theoretical models to understand these dynamics and their regulatory consequences.
The project intends to study the effect of the ownership structure of firms on competition in product markets, innovation, and aggregate outcomes, and derive welfare and policy implications.
The rise of institutional investment, with the profound changes occurred in the asset management industry in the last decades, has implied important variations in the ownership structure of firms.
Among them, there has been a formidable increase in common ownership of firms in the same industry, which has ra…
UNIVERSIDAD DE NAVARRA
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