DOES INDUSTRIAL CONCENTRATION RAISE PRODUCTIVITY IN FOOD INDUSTRIES?

This manuscript investigates the productivity-industrial concentration relationship in U.S. food industries. We identify a critical level of industrial concentration beyond which its relationship with productivity growth becomes negative. The welfare effects of an increase in concentration - productivity growth and deadweight loss- are computed. Welfare loss from increasing concentration is substantially offset by gains from productivity growth.


Issue Date:
2002
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/36634
Total Pages:
21
Series Statement:
Selected Paper of the 2002 Annual Meeting, July 28-31, 2002, Long Beach, California




 Record created 2017-04-01, last modified 2017-08-25

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