The Poverty Effects of Market Concentration

This paper contributes to the limited literature on the welfare impacts of market concentration by developing a simple model that shows how exogenous variations in market power affect poverty. Increased market power leads to economy-wide welfare lo...

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Bibliographic Details
Main Author:	Rodriguez Castelan, Carlos
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	PROFIT MAXIMIZATION OLIGOPOLISTIC MARKET RETAILING MARKET STRUCTURE TRADE CREDIT DEMAND FUNCTIONS INCOME GUARANTEES PERFECT COMPETITION MARGINAL COST EXCHANGE UTILITY MAXIMIZATION DEVELOPING COUNTRIES TAX COLLECTION MARGINAL PRODUCT POLITICAL ECONOMY REVENUES RETAILING INDUSTRY WELFARE INCENTIVES EQUILIBRIUM DISTRIBUTION MODELS PRICING PRICE TAX OWNERSHIP PRODUCT QUALITY INCOME TAX WEALTH INTERNATIONAL BANK ECONOMIC STRUCTURES DEVELOPING COUNTRY OLIGOPOLY RETAIL LABOR MARKET MARKET ENTRY PRICE STRUCTURE CONSUMER SURPLUS MARKET CONCENTRATION GOVERNMENT POLICY DEVELOPMENT ECONOMICS PUBLIC FUNDS INCOME INEQUALITY SURPLUS PRODUCTIVITY COST OF LIVING OPTIONS GLOBALIZATION FAILURES MONETARY FUND MONOPOLY BARRIERS TO ENTRY INCOME EFFECTS MARKETS HOUSEHOLD INCOME ENTRY BARRIERS COMPETITIVE MARKET ECONOMIC POLICIES PRODUCT UTILITY NOMINAL INCOME EXOGENOUS INCOME FINANCE ECONOMIC RESEARCH TAX POLICIES CONSUMER GROUPS TAXES EXPENDITURE EQUILIBRIUM ANALYSIS EQUITY CONSUMPTION SURPLUSES SUBSTITUTE GOOD WAGES COMPETITION POLICY MARKET FAILURES VALUE RETAIL STORES CREDIT DEMAND WELFARE ANALYSIS UTILITY FUNCTION AGGREGATE DEMAND DEMAND FUNCTION INEFFICIENCY ECONOMY CONSUMERS PROPERTY PRICE EFFECT MEASUREMENT SHARES MARKET INCOME EFFECT POLICY MARKET COMPETITION HOMOGENEOUS GOOD MARKET YIELDS FUNCTIONAL FORMS TAXATION PARTIAL EQUILIBRIUM ANALYSIS TRADE GOODS THEORY GENERAL EQUILIBRIUM ANALYSIS INDUSTRIAL ECONOMICS INVESTMENT LOWER PRICES SHARE INVESTMENT CLIMATE MONOPOLISTIC MARKET POVERTY MARKET CONCENTRATIONS SUPPLY COMPETITIVE MARKETS MARKET POWER POLICY IMPLICATIONS REVENUE PROFIT CONSUMER PRICES OFFSETS PROFITS COMMODITY PRICES OUTCOMES POSITIVE EFFECTS PRICES DEMOCRATIC PROCESSES DEVELOPMENT BANK DEVELOPMENT POLICY COMPETITION
Online Access:	http://documents.worldbank.org/curated/en/2015/12/25672296/poverty-effects-market-concentration http://hdl.handle.net/10986/23479

Internet

http://documents.worldbank.org/curated/en/2015/12/25672296/poverty-effects-market-concentration
http://hdl.handle.net/10986/23479

The Poverty Effects of Market Concentration

Internet

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