On the Relationship Between Concentration and Competition: Evidence from the Chilean Private Pension System.

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dc.contributor.authorSepĂșlveda, Jean P.
dc.date.accessioned2016-11-22T20:26:55Z
dc.date.available2016-11-22T20:26:55Z
dc.date.issued2012
dc.description.abstractI use Panzar and Rosse (1987) methodology to estimate the degree of competition among Pension Fund Administrators (PFAs) in the Chilean private pension system for the period 1996 to 2008. The results indicate that the industry can be described as a cartel (or monopoly) during this period. There is evidence that in this industry there is a negative, and statistically significant, correlation between concentration and competition.
dc.identifier.citationApplied Economics Letters, 2012, vol.19, n° 14, p. 1385-1389
dc.identifier.urihttp://hdl.handle.net/11447/849
dc.identifier.urihttp://dx.doi.org/10.1080/13504851.2011.631879
dc.language.isoen_US
dc.subjectPanzar and Rosse
dc.subjectConcentration
dc.subjectCompetition
dc.subjectPension system
dc.titleOn the Relationship Between Concentration and Competition: Evidence from the Chilean Private Pension System.
dc.typeArtĂ­culo

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