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This paper uses newly available firm-level tax data to evaluate the market structure in South African manufacturing sectors in the period 2010-12. To describe the market structure we compute markups for South African manufacturing firms and concentration indexes for 4-digit manufacturing...
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This paper investigates the extent of the mark-up of the South African manufacturing sector, taking into account a number of characteristics of its component industries. We find significant mark-ups to be present in the South African manufacturing sector. In comparative terms, the mark-up is...
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This paper presents a joint analysis of labour market flexibility and product market structure. Our investigation confirms earlier results of imperfect competition in South African manufacturing indusry, with an average mark-up of 50% for the period 1970 to 2004, without consistent trend in the...
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