Measuring Market Power and Cost-efficiency Effects of Industrial Concentration

In this paper I show how Appelbaum's framework for testing price-taking behavior in a single industry can be formally extended to consider concentration explicitly. In so doing, I separate the market power effect of concentration from its cost-efficiency effect. Data from the US beef-packing in...

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Veröffentlicht in:	The Journal of industrial economics 1997-12, Vol.45 (4), p.377-386
1. Verfasser:	Azzam, Azzeddine M.
Format:	Artikel
Sprache:	eng
Schlagworte:	Beef Cattle industry Cost efficiency Economic models Economic theory Effects Efficiency Food packaging Industrial concentration Industrial economics Industrial efficiency Industrial market Industrial markets Industry Manufacturing industries Market concentration Market power Publishing industry Studies
Online-Zugang:	Volltext
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