DOES INDUSTRIAL CONCENTRATION RAISE PRODUCTIVITY IN FOOD INDUSTRIES?

Munisamy Gopinath, Daniel Pick and Yonghai Li

No 36634, 2002 Annual Meeting, July 28-31, 2002, Long Beach, California from Western Agricultural Economics Association

Abstract: This manuscript investigates the productivity-industrial concentration relationship in U.S. food industries. We identify a critical level of industrial concentration beyond which its relationship with productivity growth becomes negative. The welfare effects of an increase in concentration - productivity growth and deadweight loss- are computed. Welfare loss from increasing concentration is substantially offset by gains from productivity growth.

Keywords: Industrial Organization; Productivity Analysis (search for similar items in EconPapers)
Pages: 21
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:ags:waealb:36634

DOI: 10.22004/ag.econ.36634

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