Trends in Aggregate Concentration in the United States
I assemble two rarely used data sets to measure aggregate concentration in the U.S. in the 1980s and 1990s. Despite the merger waves of those decades, aggregate concentration declined in the 1980s and the early 1990s, but rose modestly in the late 1990s. The levels at the end of the decade were at or below the levels of the late 1980s or early 1990s. The average size of firm and the relative importance of larger size classes of firms increased, however. Gini coefficients for employment and payroll shares of companies showed moderate but steady increases from 1988 through 1999.
Volume (Year): 16 (2002)
Issue (Month): 4 (Fall)
|Contact details of provider:|| Web page: https://www.aeaweb.org/jep/|
More information through EDIRC
|Order Information:||Web: https://www.aeaweb.org/subscribe.html|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Marvel, Howard P & McCafferty, Stephen, 1986. "The Political Economy of Resale Price Maintenance," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1074-95, October.
- John E. Kwoka Jr. & Lawrence J. White, 2000.
"The New Industrial Organization and Small Business,"
00-03, New York University, Leonard N. Stern School of Business, Department of Economics.
- Kwoka, John E, Jr & White, Lawrence J, 2001. "The New Industrial Organization and Small Business," Small Business Economics, Springer, vol. 16(1), pages 21-30, February.
- Kwoka Jr., J.E. & White, L.J., 2000. "The New Industrial Organization and Small Business," New York University, Leonard N. Stern School Finance Department Working Paper Seires ec-00-03, New York University, Leonard N. Stern School of Business-.
- Lawrence J. White, 1993. "The Community Reinvestment Act: Good Intentions Headed in the Wrong Direction," Working Papers 93-01, New York University, Leonard N. Stern School of Business, Department of Economics.
- Lawrence J. White, 1995. "Tying, Banking, And Antitrust: It'S Time For A Change," Contemporary Economic Policy, Western Economic Association International, vol. 13(4), pages 26-35, October.
- Feinberg, Robert M, 1985. ""Sales-at-Risk": A Test of the Mutual Forebearance Theory of Conglomerate Behavior," The Journal of Business, University of Chicago Press, vol. 58(2), pages 225-41, April.
- B. Douglas Bernheim & Michael D. Whinston, 1990. "Multimarket Contact and Collusive Behavior," RAND Journal of Economics, The RAND Corporation, vol. 21(1), pages 1-26, Spring.
- William N. Evans & Ioannis N. Kessides, 1994. "Living by the "Golden Rule": Multimarket Contact in the U. S. Airline Industry," The Quarterly Journal of Economics, Oxford University Press, vol. 109(2), pages 341-366.
- White, Lawrence J, 1981. "What Has Been Happening to Aggregate Concentration in the United States?," Journal of Industrial Economics, Wiley Blackwell, vol. 29(3), pages 223-30, March.
- Oliver E. Williamson, 1967. "Hierarchical Control and Optimum Firm Size," Journal of Political Economy, University of Chicago Press, vol. 75, pages 123.
When requesting a correction, please mention this item's handle: RePEc:aea:jecper:v:16:y:2002:i:4:p:137-160. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jane Voros)or (Michael P. Albert)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.