Research Article
Market Concentration, Market Power, and Firm Growth of Construction Companies
Table 3
Estimation results for profit equations.
| | lnQ | — | SOC | NSOC | OIC | NOIC | CEC | ADC |
| lnMC | 0.859 (0.000) | 0.734 (0.000) | 1.412 (0.000) | 1.261 (0.000) | 0.592.−0.002 | 0.979 (0.000) | 0.706 (−0.046) | lnCR | 0.636 (0.000) | 0.426 (0.000) | 1.135 (0.000) | 0.864 (0.000) | 0.529 (0.000) | 0.658 (0.000) | 0.397 (−0.153) | lnLE | 0.0965 (−0.157) | 0.13 (−0.132) | 0.07 (−0.521 | −0.163–−0.104 | 0.247.−0.015 | 0.184 (−0.007) | −0.443 (−0.06) | lnK | 0.566 (0.000) | 0.651 (0.000) | 0.349 (−0.001) | 0.748 (0.000) | 0.411 (0.000) | 0.519 (0.000) | 0.735 (0.000) | _cons | 11.87 (0.000 | 7.652 (0.000) | 22.31 (0.000) | 12.69 (0.000) | 12.74 (0.000) | 12.34 (0.000) | 11.88 (−0.009) | N | 346 | 234 | 112 | 188 | 158 | 289 | 57 |
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-values in parentheses, , , and . |