An economist claims-based on an econometric study

Reference no: EM13695053

An economist claims, based on an econometric study, that high profit in a certain industry are explained by that industry’s high Herfindahl-Hirschman Index (HHI). If you felt, based on your knowledge of the industry, that this claim were untrue, what critical questions could you ask about the HHI used for the study?

Reference no: EM13695053

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