Anticompetitive Effects of Common Ownership (JF 2018)

From ReplicationWiki
Jump to: navigation, search
This page needs attention because this study was also replicated by Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry (SSRN 2018).



Contents

Article

Authors Title Journal Year Edition Pages JEL Codes Keywords
José Azar, Martin C. Schmalz, Isabel Tecu Anticompetitive Effects of Common Ownership JF 2018 4 1513-65 - -

Article information

Program code Data Readme Method(s) & estimation Data type Data used Origin of data used Software used (Version)
1 - accessible on journal website 2 - available online elsewhere than on journal website 1 - accessible on journal website Fixed effects (FE), Difference in differences (DID), Instrumental variable (IV) Panel US Bureau of Transportation Statistics (BTS), https://www.transtats.bts.gov/DatabaseInfo.asp?DB_ID=125, S&P Capital IQ, Department of Transportation's Airline Origin and Destination Survey DB1B database, which contains 10% of airline tickets each quarter 2001Q1-2014Q4, US Bureau of Economic Analysis (BEA), institutional holdings from, Thomson‐Reuters Spectrum, hand‐collected noninstitutional ownership from proxy statements, available from, SEC, US Bureau of Labor Statistics (BLS) USA Stata

Replication of this study

Authors Title Journal Year Edition Pages JEL Codes Keywords Replication type Replication result [refer to replication type 1 and 2] Raw data Call into question Authors statement
Pauline Kennedy, Daniel P. O'Brien, Minjae Song, Keith Waehrer The Competitive Effects of Common Ownership: Economic Foundations and Empirical Evidence SSRN 2017 - - D43, G23, G34, K21, L13, L41 Price, Concentration, Common ownership, Partial ownership, Mergers 3 - reproduction (new methods) 2 - different results - 1 - yes -

References

DOI: 10.1111/jofi.12698 IDEAS: a/bla/jfinan/v73y2018i4p1513-1565.html EconPapers: RePEc:bla:jfinan:v:73:y:2018:i:4:p:1513-1565


Replies: The Competitive Effects of Common Ownership: Economic Foundations and Empirical Evidence: Reply, 2018, José Azar, Martin C. Schmalz, Isabel Tecu, SSRN. DOI: 10.2139/ssrn.3044908

José Azar, Martin C. Schmalz, Isabel Tecu, Reply to: 'Common Ownership Does Not Have Anti-Competitive Effects in the Airline Industry', SSRN, 2018. DOI: 10.2139/ssrn.3168095

Personal tools
Namespaces

Variants
Actions
Navigation
Toolbox