Does Industrial Concentration Raise Productivity In Food Industries?
AbstractThis 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.
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Bibliographic InfoPaper provided by Western Agricultural Economics Association in its series 2002 Annual Meeting, July 28-31, 2002, Long Beach, California with number 36634.
Date of creation: 2002
Date of revision:
Industrial Organization; Productivity Analysis;
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