Some Aspects of Aggregate Concentration in the Israeli Economy, 1964-1986
This essay examines the Israeli market structure from the perspective of ownership. We distinguish between the several corporate holding-groups that dominate the ‘Big Economy’ and the multitude of smaller, largely independent, business entities of the ‘Small Economy’. Although the two “sectors” operate under the same macroeconomic conditions, the analysis reveals marked differences in their business performance. These differences were reflected in an upward trend of aggregate concentration through the 1964-1968 period. Until the early 1970s the upward trend was moderate and was largely due to the different expansion paces of the two “sectors”. Since then, however, the trend intensified as the ‘Small Economy’ stagnated while profits in the ‘Big Economy’ continued to grow.
|Date of creation:||1988|
|Publication status:||Published in Working Papers 7.88(1988): pp. 1-64|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:5395. 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: (Joachim Winter)
If references are entirely missing, you can add them using this form.