Abstract This paper provides some stylized facts about market structure in Denmark, a country exhibiting high rates of exports and imports as is common in small developed economies. Utilizing disaggregated data at the firm-product level for manufacturing industries, we highlight the widespread presence of industries that are neither purely oligopolistic or monopolistically competitive; rather, they contain a few domestic leaders with numerous firms having insignificant domestic market shares. We also document that, relative to the latter type of firms, leaders have greater labor productivity, are more capital intensive, and pay higher wages; additionally, they are more likely to export and import, although they exhibit a greater domestic intensity relative to exporters with negligible domestic market shares. Finally, through a model of leaders and followers, we investigate how leaders can benefit from acting strategically against small firms and quantify its potential impact on industry outcomes through a numerical exercise.

中文翻译：

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小型开放经济体的市场结构：来自丹麦的证据

摘要 本文提供了一些关于丹麦市场结构的典型事实，丹麦这个国家的出口和进口率很高，这在小型发达经济体中很常见。利用制造业的公司产品层面的分类数据，我们强调了既不是纯粹的寡头垄断也不是垄断竞争的行业的广泛存在；相反，它们包含一些国内领先企业，而许多公司在国内市场份额微不足道。我们还发现，相对于后一种类型的公司，领导者的劳动生产率更高，资本密集度更高，支付的工资更高；此外，它们更有可能进行出口和进口，尽管与国内市场份额微不足道的出口商相比，它们表现出更大的国内强度。最后，