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An analysis of manufacturing market structure in north Sumatra province

Author

Listed:
  • Muhammad Asaad
  • Rasidin Karo-Karo Sitepu

    (Faculty of Agriculture, Universitas Islam Sumatera Utara
    Faculty of Agriculture, Universitas Islam Sumatera Utara)

Abstract

This study aims to analyze market structure and manufacturing industry performance on the economy of North Sumatra. The analysis uses two approaches, namely SCP analysis and econometric model. The data used is the Survey of Large Medium 2005-2009. The result shows that the structure of the industry is more dominant, including tight oligopoly, only small parts which belong to loose oligopoly and oligopoly markets. Some industries which have important roles for the economy are the palm oil industry, food and beverage industry, rubber industry and rubber products, and iron and steel basic industries, and basic non-ferrous metals.

Suggested Citation

  • Muhammad Asaad & Rasidin Karo-Karo Sitepu, 2011. "An analysis of manufacturing market structure in north Sumatra province," Economic Journal of Emerging Markets, Universitas Islam Indonesia, vol. 3(3), pages 261-274, April.
    • Handle: RePEc:uii:journl:v:3:y:2011:i:3:p:261-274
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    More about this item

    Keywords

    market structure; industry performance; manufacturing industry; local economy;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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