The dynamics of industrial concentration in Australian manufacturing

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...

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Main Authors: Bhattacharya, M., Bloch, Harry
Format: Journal Article
Published: Elsevier 2000
Online Access:http://hdl.handle.net/20.500.11937/46269
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author Bhattacharya, M.
Bloch, Harry
author_facet Bhattacharya, M.
Bloch, Harry
author_sort Bhattacharya, M.
building Curtin Institutional Repository
collection Online Access
description 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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institution Curtin University Malaysia
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publishDate 2000
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spelling curtin-20.500.11937-462692017-09-13T16:01:42Z The dynamics of industrial concentration in Australian manufacturing Bhattacharya, M. Bloch, Harry 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. 2000 Journal Article http://hdl.handle.net/20.500.11937/46269 10.1016/S0167-7187(99)00005-3 Elsevier restricted
spellingShingle Bhattacharya, M.
Bloch, Harry
The dynamics of industrial concentration in Australian manufacturing
title The dynamics of industrial concentration in Australian manufacturing
title_full The dynamics of industrial concentration in Australian manufacturing
title_fullStr The dynamics of industrial concentration in Australian manufacturing
title_full_unstemmed The dynamics of industrial concentration in Australian manufacturing
title_short The dynamics of industrial concentration in Australian manufacturing
title_sort dynamics of industrial concentration in australian manufacturing
url http://hdl.handle.net/20.500.11937/46269