Trends in Industrial Concentration in Japan, 1983-92

Bienvenido Cortes

International Review of Applied Economics, 1998, vol. 12, issue 2, 271-281

Abstract: Based on weighted and unweighted averages of concentration ratios and the Herfindahl index for 436 sectors, the number of concentrated industries, and time trends, the structure of the Japanese economy proves highly oligopolistic over the 1983-92 period. Regression results show that concentration is related to growth, market size, scale economies, and the degree of 'openness' of the Japanese market. Moreover, increased concentration does not necessarily imply an import-bias. Japanese industries with higher concentration levels are likely to import more than less concentrated industries.

Date: 1998
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DOI: 10.1080/02692179800000007

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