Türk İmalat Endüstrilerinde Yoğunlaşma Oranlarının Belirleyenleri: Bir Dinamik Panel Veri Analizi

Burak Günalp

Sosyoekonomi Journal, 2011, issue 14(14)

Abstract: This study investigates the determinants of concentration using data on 66 fourdigit Turkish manufacturing industries for the period 1993–1999. We form and estimate a long-run steady-state model of concentration as well as a dynamic model involving the partial adjustment of concentration to its long-run steady-state level. The results show that minimum efficient scale, absolute capital requirements, R&D intensity, lagged profitability, import competition and lagged concentration are the most important variables affecting concentration. The estimated annual speed of adjustment suggests that Turkish economy experiences faster adjustment in market structure than the mature economies of Europe and the U.S.

Keywords: Industry Concentration; Market Structure; Barriers to Entry; Dynamic Adjustment. (search for similar items in EconPapers)
JEL-codes: C23 L11 L60 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:sos:sosjrn:110102

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