In Which Industries Is Collusion More Likely?

George Symeonidis ()

No 2301, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper provides an analysis of factors facilitating or hindering collusion using data on the occurrence of price-fixing across UK manufacturing industries in the 1950s. The econometric results suggest that collusion is more likely the higher the degree of capital intensity and less likely in advertising-intensive than in low-advertising industries, while the relationship between market growth and the likelihood of collusion is non-monotonic. Less clear results are obtained with respect to R&D intensity and concentration.

Keywords: Cartels; Collusion; UK Manufacturing (search for similar items in EconPapers)
JEL-codes: L10 (search for similar items in EconPapers)
Date: 1999-11
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Citations: View citations in EconPapers (4)

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