La verifica empirica del modello di Sutton per i settori manufatturieri italiani

Maria Letizia Giorgetti

L'industria, 2000, issue 3, 543-564

Abstract: In this paper, an empirical test of Sutton hypothesis (1991), for Italian manufacturing sectors, on the relation between concentration and market size, is performed. The model distinguishes sectors on the basis of the sunk costs type: endogenous sunk costs vs. exogenous sunk costs. According to Sutton, the sectors with endogenous sunk costs should show higher concentration as market size goes to infinite than sectors with exogenous sunk costs; for the first type of sectors it should also be present a break-down of the inverse relation between concentration and market size. Another hypothesis of Sutton is a quicker convergence towards low value of concentration for sectors with exogenous sunk costs. In this paper, these hypotheses are tested for Italy, using the four macrosectors as determined by Davies and Lyons (1996) and by Robinson and Chiang (1996).

Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1430/2290 (application/pdf)
https://www.rivisteweb.it/doi/10.1430/2290 (text/html)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mul:j0hje1:doi:10.1430/2290:y:2000:i:3:p:543-564

Access Statistics for this article

L'industria is currently edited by Patrizio Bianchi

More articles in L'industria from Società editrice il Mulino
Bibliographic data for series maintained by ().