Replication data for: Market Share Dynamics and the "Persistence of Leadership" Debate
- Sutton, John
AbstractA new 45-industry, 23-year, dataset for Japan is used to investigate the duration of industry leadership. A new scaling relationship linking a firm's current market share with the standard deviation of market share changes is reported. This relationship discriminates in a powerful way between rival candidate theoretical models of market share dynamics. It also makes possible a useful simplification in testing a benchmark model of a Markovian kind. Relative to that model, it is found that at least some industries display a "Chandlerian" bias toward longer durations of leadership than would be present in the benchmark model. (JEL D43, L13)
Is supplement to
DOI: 10.1257/aer.97.1.222 (Text)
Sutton, John. “Market Share Dynamics and the ‘Persistence of Leadership’ Debate.” American Economic Review 97, no. 1 (February 2007): 222–41. https://doi.org/10.1257/aer.97.1.222.
- ID: 10.1257/aer.97.1.222 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-12-07