Unified Merger List in the Container Shipping Industry from 1966: A Structural Estimation of the Transition of Importance of a Firm's Age, Tonnage Capacity, and …

S Otani, T Matsuda - arXiv preprint arXiv:2310.09938, 2023 - arxiv.org
We construct a novel unified merger list in the global container shipping industry between
1966 (the beginning of the industry) and 2022. Combining the list with proprietary data, we …

Industry Dynamics with Cartels: The Case of the Container Shipping Industry

S Otani - arXiv preprint arXiv:2407.15147, 2024 - arxiv.org
I investigate how explicit cartels, known as``shipping conferences", in a global container
shipping market facilitated the formation of one of the largest globally integrated markets …

Finite Sample Performance of a Conduct Parameter Test in Homogenous Goods Markets

Y Matsumura, S Otani - arXiv preprint arXiv:2310.04576, 2023 - arxiv.org
We assess the finite sample performance of the conduct parameter test in homogeneous
goods markets. Statistical power rises with an increase in the number of markets, a larger …