How Competitive is the US Manufacturing Sector?
This paper assesses the market structure of the US manufacturing sector using a corrected four-firm concentration ratio. The correction is done to the published 1997 CR, using the North American Industry Classification System, and addresses four areas: overaggregation, underaggregation, market locality, and international trade. The paper finds the US manufacturing sector to be fairly competitive with 58.0 percent of its industries operate in competitive markets, 17.5 percent operate in loose oligopoly, 24.5 percent operate in tight oligopoly, and none operates in monopoly markets. Equally important, this research finds international trade to have an important impact on the level of competition in the manufacturing sector. Eastern Economic Journal (2009) 35, 52–70. doi:10.1057/palgrave.eej.9050043
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 35 (2009 Winter)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://www.palgrave-journals.com/|
|Order Information:|| Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK|
Web: http://www.palgrave-journals.com/pal/subscribe/index.html Email:
When requesting a correction, please mention this item's handle: RePEc:pal:easeco:v:35:y:2009:i:1:p:52-70. 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: (Daniel Foley)
If references are entirely missing, you can add them using this form.