The uninspiring performance of the Sri Lankan manufacturing sector has been attributed, among other things, to the existence of a discriminatory incentive structure. In this contribution the author tests this hypothesis. The analysis corroborates the widely held view that there is an incentive...

Industry concentration plays an important role in determining market power and industry performance. The author examines the determinants of interindustry differences in industry concentration with special emphasis on international influences using a simultaneous equation system. He derives a...