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Trends in Industrial Concentration in Japan, 1983-92

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  • Bienvenido Cortes

Abstract

Based on weighted and unweighted averages of concentration ratios and the Herfindahl index for 436 sectors, the number of concentrated industries, and time trends, the structure of the Japanese economy proves highly oligopolistic over the 1983-92 period. Regression results show that concentration is related to growth, market size, scale economies, and the degree of 'openness' of the Japanese market. Moreover, increased concentration does not necessarily imply an import-bias. Japanese industries with higher concentration levels are likely to import more than less concentrated industries.

Suggested Citation

  • Bienvenido Cortes, 1998. "Trends in Industrial Concentration in Japan, 1983-92," International Review of Applied Economics, Taylor & Francis Journals, vol. 12(2), pages 271-281.
    • Handle: RePEc:taf:irapec:v:12:y:1998:i:2:p:271-281
    DOI: 10.1080/02692179800000007
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    Cited by:

    1. Joshua Drucker, 2009. "Trends in Regional Industrial Concentration in the United States," Working Papers 09-06, Center for Economic Studies, U.S. Census Bureau.
    2. Malcolm Sawyer, 1999. "The Kaleckian Analysis and the New Millennium," Review of Political Economy, Taylor & Francis Journals, vol. 11(3), pages 303-319.

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