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    The dynamics of industrial concentration in Australian manufacturing

    Access Status
    Fulltext not available
    Authors
    Bhattacharya, M.
    Bloch, Harry
    Date
    2000
    Type
    Journal Article
    
    Metadata
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    Citation
    Bhattacharya, Mita and Bloch, Harry. 2000. The dynamics of industrial concentration in Australian manufacturing. International Journal of Industrial Organization. 18 (8): pp. 1181-1199.
    Source Title
    International Journal of Industrial Organization
    DOI
    10.1016/S0167-7187(99)00005-3
    ISSN
    01677187
    Faculty
    Curtin Business School
    School of Economics and Finance
    Remarks

    The link to the journal’s home page is: http://www.elsevier.com/wps/find/journaldescription.cws_home/505551/description#description

    Copyright © 2000 Elsevier Ltd. All rights reserved

    URI
    http://hdl.handle.net/20.500.11937/46269
    Collection
    • Curtin Research Publications
    Abstract

    A dynamic model of concentration is developed, with incomplete and industry-specificadjustment to deviations of concentration from its steady state. Cross-sectional analysis iscarried out against a sample of 102 Australian manufacturing industries at the Australian Standard Industrial Classification (ASIC) four-digit level over the period 1977/78-1984/85. The estimated adjustment is faster than found in studies of the more mature industrial economies and this adjustment is found to significantly increase with reductions in tariff protection. There is also empirical support for John Sutton's argument that the relationship between concentration and market size depends on whether set-up costs are exogenous.

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