Market power and merger control in South Africa

C. Friedrich Kreuser, Michael Kilumelume and Rulof Burger

No wp-2024-31, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: We estimate structural, materials, and labour markups for the South African economy at the three-digit industry level for 2012-19. The fall in structural labour and materials markups found for the numerical majority of industries are generally isolated to smaller industries, with industries accounting for a higher proportion of sales generally experiencing smaller downward shifts. We show that materials-based markups are increasing over this period.

Keywords: Market power; Markups; Competitiveness (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-afr, nep-com and nep-reg
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