New Trends in U.S. Industrial Concentration

New Trends in U.S. Industrial Concentration Using weighted concentration ratios for the entire economy, I argue that industrial concentration decreased in the U.S. from 1960 to the early1980s and then began to increase. This rise in the last two decades of the 20th century offsets any counteracting affectsstemming from the growth of use of information technology in production or from imports and appears due primarily to the impact of the merger wave starting in the mid 1980s. I also considerbriefly the relationship between increasing market concentrationand a change in market competition,taking into account the expansion of e-commerce. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Industrial Organization Springer Journals

New Trends in U.S. Industrial Concentration

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Publisher
Springer Journals
Copyright
Copyright © 2001 by Kluwer Academic Publishers
Subject
Economics; Industrial Organization; Microeconomics
ISSN
0889-938X
eISSN
1573-7160
D.O.I.
10.1023/A:1007888323241
Publisher site
See Article on Publisher Site

Abstract

Using weighted concentration ratios for the entire economy, I argue that industrial concentration decreased in the U.S. from 1960 to the early1980s and then began to increase. This rise in the last two decades of the 20th century offsets any counteracting affectsstemming from the growth of use of information technology in production or from imports and appears due primarily to the impact of the merger wave starting in the mid 1980s. I also considerbriefly the relationship between increasing market concentrationand a change in market competition,taking into account the expansion of e-commerce.

Journal

Review of Industrial OrganizationSpringer Journals

Published: Oct 3, 2004

References

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