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Relation of Profit Rate to Industry Concentration: American Manufacturing, 1936–1940


  • Joe S. Bain


I. The concentration-profits hypothesis, 294. — II. Industry definition, measure of concentration, and selection of sample, 297. — III. Character and limitations of profit data, 305. — IV. Calculation of accounting profit rates, 310. — V. Association of industry profit rates and concentration, 311. — VI. Association of firm profit rates and industry concentration, 317. — VII. Association of profit rates with other determinants, 321. — VIII. Summary, 323.

Suggested Citation

  • Joe S. Bain, 1951. "Relation of Profit Rate to Industry Concentration: American Manufacturing, 1936–1940," The Quarterly Journal of Economics, Oxford University Press, vol. 65(3), pages 293-324.
  • Handle: RePEc:oup:qjecon:v:65:y:1951:i:3:p:293-324.

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