Market Structure and External Control in the Regional Economies of Great Britain

Richard Harris ()

Scottish Journal of Political Economy, 1988, vol. 35, issue 4, 334-60

Abstract: This paper establishes the degree to which markets are dominated by a limited number of firms, and the implications of this for the indigenous firms in each region that are attempting to sell in national markets. The author then looks at the causes of industrial concentration, which has largely been achieved through the acquisitions and mergers of firms located in various regions. He then goes on to consider the possible consequences of the "branch plant' economy, especially in relation to employment opportunities. This leads back to a consideration of a core-periphery model of various spatial economies (e.g., profit-cycle models). Copyright 1988 by Scottish Economic Society.

Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:bla:scotjp:v:35:y:1988:i:4:p:334-60

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Scottish Journal of Political Economy is currently edited by Tim Barmby, Andrew Hughes-Hallett and Campbell Leith

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