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This article separates oligopoly-power and cost-efficiency effects of changes in industrial concentration and assesses … induces cost efficiency in one-third of the industries, oligopoly-power effects either dominate cost efficiency or reinforce …
Persistent link: https://www.econbiz.de/10010635633
This article examines the role of imperfect competition in determining total factor productivity growth (TFPG) by bringing together a New Empirical Industrial Organization (NEIO) model and the TFPG model of Nadiri and Mamuneas (1998). Applying the integrated model to 1973-92 data from 29 food...
Persistent link: https://www.econbiz.de/10010816320