Mergers and market power in the US steel industry

Craig Gallet

Applied Economics Letters, 1996, vol. 3, issue 4, 221-223

Abstract: Studies of the relationship between market structure and market power continue to account for a large segment of the literature. The traditional structure-conduct-performance approach of analysing this issue has been criticized because of its lack of attention to industry-specific characteristic. Adopting an approach which focuses on a single industry, we use data on the US steel industry to analyse the effects of several mergers on the steel market power. Although our results show that market power in the steel industry has been falling in recent years, it does appear that two recent mergers did boost market power.

Date: 1996
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.informaworld.com/openurl?genre=article& ... 40C6AD35DC6213A474B5 (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:taf:apeclt:v:3:y:1996:i:4:p:221-223

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/758520868

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().