Industry concentration in Europe and North America
Matěj Bajgar,
Giuseppe Berlingieri,
Sara Calligaris,
Chiara Criscuolo and
Jonathan Timmis ()
LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library
Abstract:
This report presents new evidence on industry concentration trends in Europe and in North America. It uses two novel data sources: representative firm-level concentration measures from the OECD MultiProd project, and business-group-level concentration measures using matched OrbisWorldscope-Zephyr data. Based on the MultiProd data, it finds that between 2001 and 2012 the average industry across 10 European economies saw a 2-3-percentage-point increase in the share of the 10% largest companies in industry sales. Using the Orbis-Worldscope-Zephyr data, it documents a clear increase in industry concentration in Europe as well as in North America between 2000 and 2014 of the order of 4-8 percentage points for the average industry. Over the period, about 3 out of 4 (2-digit) industries in each region saw their concentration increase. The increase is observed for both manufacturing and non-financial services and is not driven by digital-intensive sectors.
Keywords: industry concentration; business dynamics; measurement (search for similar items in EconPapers)
JEL-codes: D40 L11 L25 (search for similar items in EconPapers)
Pages: 67 pages
Date: 2019-10
New Economics Papers: this item is included in nep-com, nep-sbm and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://eprints.lse.ac.uk/103427/ Open access version. (application/pdf)
Related works:
Working Paper: Intangibles and industry concentration: supersize me (2021) 
Working Paper: Intangibles and industry concentration: supersize me (2021) 
Working Paper: Industry concentration in Europe and North America (2019) 
Working Paper: Industry Concentration in Europe and North America (2019) 
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:103427
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