Industrial concentration and competition in Malaysian manufacturing

Mita Bhattacharya

Applied Economics, 2002, vol. 34, issue 17, 2127-2134

Abstract: Industrial concentration is the most widely studied area among various elements of market structure in the industrial organization literature. This paper is a first attempt to analyse the determinants of changes in industry concentration over time in the case of Malaysia. Using a partial adjustment model, a cross-sectional analysis is carried out against a sample of manufacturing industries between 1986 and 1996. Domestic factors in influencing competition e.g. capital intensity, advertising intensity and market size are found to be significant in most cases to explain the level of concentration. Considering variable rate of adjustment of concentration, an increase in labour productivity of large firms and high entry rates are found to be significant for faster adjustment towards equilibrium level. Compared with other developed countries, the annual rate of structural adjustment is found to be slow in the case of Malaysian manufacturing.

Date: 2002
References: View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00036840210135683 (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:applec:v:34:y:2002:i:17:p:2127-2134

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/00036840210135683

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

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