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The determinants of industry concentration: two new empirical regularities

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Author Info
Lasse B. Lien (Department of Strategy and Management, Norwegian School of Economics and Business Administration, Bergen, Norway)
Nicolai J. Foss
Abstract

This paper reports two new empirical regularities concerning industry concentration. First, concentration levels closely correlate in related industries. Second, the correlation is moderated by the degree of relatedness between the industries. These regularities are derived from the Trinet database, using a survivor-based measure of relatedness. We argue that these previously overlooked relations may be explained in terms of (1) 'spillover effects' between industries and (2) life cycle factors. Copyright © 2009 John Wiley & Sons, Ltd.

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File URL: http://hdl.handle.net/10.1002/mde.1466
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Article provided by John Wiley & Sons, Ltd. in its journal Managerial and Decision Economics.

Volume (Year): 30 (2009)
Issue (Month): 8 ()
Pages: 503-511
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Handle: RePEc:wly:mgtdec:v:30:y:2009:i:8:p:503-511

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Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/7976

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This page was last updated on 2009-11-29.

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