IDEAS home Printed from https://ideas.repec.org/a/taf/irapec/v14y2000i1p45-54.html
   My bibliography  Save this article

Declining Concentration in UK Manufacturing? A problem of measurement

Author

Listed:
  • Keith Cowling
  • Fahmi Mohd Yusof
  • Guy Vernon

Abstract

It has become conventional wisdom that market concentration in the UK has fallen over recent history. However, the typical assumption has been that all imports are competitive so that any increase in import penetration implies a decline in market concentration. In a world of transnationally organized production and trade this would seem an inappropriate working assumption. Our analysis of the UK market for cars, vans, trucks and buses, where the necessary detailed firm data is available, supports this contention: an accurate assessment of who controls imports is crucial in the measurement of market concentration.

Suggested Citation

  • Keith Cowling & Fahmi Mohd Yusof & Guy Vernon, 2000. "Declining Concentration in UK Manufacturing? A problem of measurement," International Review of Applied Economics, Taylor & Francis Journals, vol. 14(1), pages 45-54.
    • Handle: RePEc:taf:irapec:v:14:y:2000:i:1:p:45-54
    DOI: 10.1080/026921700101470
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/026921700101470
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/026921700101470?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Robert C. Feenstra, 1998. "Integration of Trade and Disintegration of Production in the Global Economy," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 31-50, Fall.
    2. Cannon, C M, 1978. "International Trade, Concentration, and Competition in U.K. Consumer Goods Markets," Oxford Economic Papers, Oxford University Press, vol. 30(1), pages 130-137, March.
    3. Kumar, Manmohan S, 1985. "International Trade and Industrial Concentration," Oxford Economic Papers, Oxford University Press, vol. 37(1), pages 125-133, March.
    4. Robert C. Feenstra, 1998. "Integration of Trade and Disintegration of Production in the Global Economy," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 31-50, Fall.
    5. Cowling, Keith, 1978. "Monopolies And Mergers Policy: A View On The Green Paper," Economic Research Papers 269037, University of Warwick - Department of Economics.
    6. Hipple, F Steb, 1990. "The Measurement of International Trade Related to Multinational Companies," American Economic Review, American Economic Association, vol. 80(5), pages 1263-1270, December.
    7. Utton, M A, 1982. "Domestic Concentration and International Trade," Oxford Economic Papers, Oxford University Press, vol. 34(3), pages 479-497, November.
    8. Cowling, Keith, 1978. "Monopolies and Mergers Policy : A View on the Green Paper," The Warwick Economics Research Paper Series (TWERPS) 139, University of Warwick, Department of Economics.
    9. J.E. Haskel & C. Martin, 1994. "Is UK Manufacturing Leaner and Fitter?," Working Papers 309, Queen Mary University of London, School of Economics and Finance.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:kap:iaecre:v:14:y:2008:i:4:p:485-497 is not listed on IDEAS
    2. Apostolos Ballas & Irene Fafaliou, 2008. "Market Shares and Concentration in the EU Auditing Industry: the Effects of Andersen’s Demise," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 14(4), pages 485-497, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mitton, Todd, 2008. "Institutions and concentration," Journal of Development Economics, Elsevier, vol. 86(2), pages 367-394, June.
    2. Jeffrey D. Sachs & Xiaokai Yang & Dingsheng Zhang, 1999. "Trade Pattern and Economic Development when Endogenous and Exogenous Comparative Advantages Coexist," CID Working Papers 03A, Center for International Development at Harvard University.
    3. Pol Antras & Elhanan Helpman, 2004. "Global Sourcing," Journal of Political Economy, University of Chicago Press, vol. 112(3), pages 552-580, June.
    4. Mayer, Jörg, 2004. "Export Dynamism and Market Access," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 19, pages 289-316.
    5. Cipollina, Maria & Salvatici, Luca, 2007. "EU and developing countries: an analysis of preferential margins on agricultural trade flows," Working Papers 7219, TRADEAG - Agricultural Trade Agreements.
    6. Carlo Maria Rossotto & Khalid Sekkat & Aristomene Varoudakis, 2005. "Opening up telecommunications to competition and MENA integration in the world economy," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(7), pages 931-955.
    7. Rebecca Hellerstein & Sofia Berto Villas-Boas, 2006. "Arm's-length transactions as a source of incomplete cross-border transmission: the case of autos," Staff Reports 251, Federal Reserve Bank of New York.
    8. Frances Ruane & Julie Sutherland, 2002. "Globalization, Europeanization and Trade in the 1990s: Export Responses of Foreign and Indigenous Manufacturing Companies," Palgrave Macmillan Books, in: Henryk Kierzkowski (ed.), Europe and Globalization, chapter 10, pages 207-228, Palgrave Macmillan.
    9. Colantone, Italo & Crinò, Rosario, 2014. "New imported inputs, new domestic products," Journal of International Economics, Elsevier, vol. 92(1), pages 147-165.
    10. Hiratsuka, Daisuke, 2011. "Production Networks in Asia: A Case Study from the Hard Disk Drive Industry," ADBI Working Papers 301, Asian Development Bank Institute.
    11. Burstein, Ariel & Kurz, Christopher & Tesar, Linda, 2008. "Trade, production sharing, and the international transmission of business cycles," Journal of Monetary Economics, Elsevier, vol. 55(4), pages 775-795, May.
    12. Rosario Crinò, 2010. "Service Offshoring and White-Collar Employment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 77(2), pages 595-632.
    13. Pol Antràs, 2005. "Incomplete Contracts and the Product Cycle," American Economic Review, American Economic Association, vol. 95(4), pages 1054-1073, September.
    14. Yoshinori Kurokawa, 2011. "Variety-skill complementarity: a simple resolution of the trade-wage inequality anomaly," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(2), pages 297-325, February.
    15. Elhanan Helpman, 2006. "Trade, FDI, and the Organization of Firms," Journal of Economic Literature, American Economic Association, vol. 44(3), pages 589-630, September.
    16. John Whalley, 2006. "Panel 1: The new global division of labour," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 7(3), pages 18-23, October.
    17. Albert Breton & Pierre Salmon, 2005. "Bijural services as factors of production," Working Papers hal-01544851, HAL.
    18. Michael D. Bordo & Barry Eichengreen & Douglas A. Irwin, 1999. "Is Globalization Today Really Different than Globalization a Hunderd Years Ago?," NBER Working Papers 7195, National Bureau of Economic Research, Inc.
    19. Masahisa Fujita & Jacques-François Thisse, 2006. "Globalization And The Evolution Of The Supply Chain: Who Gains And Who Loses?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 47(3), pages 811-836, August.
    20. Liza Jabbour, 2012. "‘Slicing the Value Chain’ Internationally: Empirical Evidence on the Offshoring Strategy by French Firms," The World Economy, Wiley Blackwell, vol. 35(11), pages 1417-1447, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:irapec:v:14:y:2000:i:1:p:45-54. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CIRA20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.