By Anthony Savagar, Alfred Duncan, and Miguel León-Ledesma, University of Kent.
In support of their research, Anthony Savagar {Senior Lecturer, School of Economics, University of Kent and Centre for Macroeconomics), Alfred Duncan (Lecturer, School of Economics, University of Kent), and Miguel León-Ledesma (Professor, School of Economics, University of Kent and CEPR) have published the following blog ‘Firm Creation in the UK During the Covid-19 Lockdown (June 2020)’.
Read the blog in full here.
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Anthony previewed some of the findings within our responsive Covid19 webinar series in the online discussion; ‘Market Concentration in the UK and the effect of COVID-19 on Business Creation‘ in which Dr Anthony Savager presented on the topic summarised below:
In many advanced economies, product market power and market concentration appears to be rising. Anthony Savagar will present results from a small PIN-funded project on the level of market concentration in the UK and its relationship to productivity. Anthony will finish the presentation with a look at how COVID-19 has affected business creation in the UK across regions and industrial sectors. Absence of business creation can lead to long-run consolidation of market power.
A recording of the webinar is also available to watch the event again.
