Competition and Long-run Productivity Growth in the UK and US Tobacco Industries, 1879-1939
Eric Zitzewitz ()
Journal of Industrial Economics, 2003, vol. 51, issue 1, 1-33
The UK and US tobacco industries provide a particularly clean place to examine the impact of changes in market structure on firm conduct and productivity in a rapidly innovating industry. Although each industry had roughly equal access to new manufacturing technologies, the industries were monopolized at different times. The US lost an early productivity lead after the formation of the Tobacco Trust in 1890, but regained it after the UK industry merged to monopoly in 1902 and the Trust was broken up in 1911. Supplementary evidence suggests that technological innovation and consolidation of production were more rapid during competitive periods. Copyright Blackwell Publishing Ltd 2003.
References: Add references at CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
http://www.blackwell-synergy.com/servlet/useragent ... &year=2003&part=null link to full text (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:jindec:v:51:y:2003:i:1:p:1-33
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0022-1821
Access Statistics for this article
Journal of Industrial Economics is currently edited by Pierre Regibeau, Yeon-Koo Che, Kenneth Corts, Thomas Hubbard, Patrick Legros and Frank Verboven
More articles in Journal of Industrial Economics from Wiley Blackwell
Series data maintained by Wiley-Blackwell Digital Licensing ().