Using Spatial Covariance Function for Antitrust Market Delineation

dc.creatorLucinda, Claudio R.
dc.creatorFilho, Arthur Barrionuevo
dc.date2009-05-01
dc.date.accessioned2022-11-03T21:18:00Z
dc.date.available2022-11-03T21:18:00Z
dc.identifierhttps://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/2698
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/5047740
dc.descriptionIn this paper, an estimation of a Spatial Covariance Function was proposed for determining the relevant geographic market for a merger. This methodology was applied to a proposed merger between two competing Brazilian supermarket chains. During this application, the shortcomings of the analysis carried out by the Brazilian Antitrust System were initially pointed out, including the geographic dimension of the relevant market, which was found to be separated in each municipality located on the shore of Sao Paulo state. The results, based on the estimated spatial covariance function using price data on 22 products in 43 supermarkets, indicate a single geographic market for all municipalitiesen-US
dc.descriptionIn this paper, an estimation of a Spatial Covariance Function was proposed for determining the relevant geographic market for a merger. This methodology was applied to a proposed merger between two competing Brazilian supermarket chains. During this application, the shortcomings of the analysis carried out by the Brazilian Antitrust System were initially pointed out, including the geographic dimension of the relevant market, which was found to be separated in each municipality located on the shore of Sao Paulo state. The results, based on the estimated spatial covariance function using price data on 22 products in 43 supermarkets, indicate a single geographic market for all municipalitiespt-BR
dc.formatapplication/pdf
dc.languageeng
dc.publisherSociedade Brasileira de Econometriaen-US
dc.relationhttps://bibliotecadigital.fgv.br/ojs/index.php/bre/article/view/2698/1827
dc.sourceBrazilian Review of Econometrics; Vol. 29 No. 1 (2009); 111-135en-US
dc.sourceBrazilian Review of Econometrics; v. 29 n. 1 (2009); 111-135pt-BR
dc.source1980-2447
dc.subjectGeographic Marketsen-US
dc.subjectSpatial Covariance Functionen-US
dc.subjectMerger Controlen-US
dc.subjectK21en-US
dc.subjectC31en-US
dc.subjectGeographic Marketspt-BR
dc.subjectSpatial Covariance Functionpt-BR
dc.subjectMerger Controlpt-BR
dc.subjectK21pt-BR
dc.subjectC31pt-BR
dc.titleUsing Spatial Covariance Function for Antitrust Market Delineationen-US
dc.titleUsing Spatial Covariance Function for Antitrust Market Delineationpt-BR
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion


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