Industry Concentration in Europe and North America
Matěj Bajgar,
Giuseppe Berlingieri,
Sara Calligaris,
Chiara Criscuolo and
Jonathan Timmis ()
No 18, OECD Productivity Working Papers from OECD Publishing
Abstract:
This report presents new evidence on industry concentration trends in Europe and in North America. It uses two novel data sources: representative firm-level concentration measures from the OECD MultiProd project, and business-group-level concentration measures using matched Orbis-Worldscope-Zephyr data. Based on the MultiProd data, it finds that between 2001 and 2012 the average industry across 10 European economies saw a 2-3-percentage-point increase in the share of the 10% largest companies in industry sales. Using the Orbis-Worldscope-Zephyr data, it documents a clear increase in industry concentration in Europe as well as in North America between 2000 and 2014 of the order of 4-8 percentage points for the average industry. Over the period, about 3 out of 4 (2-digit) industries in each region saw their concentration increase. The increase is observed for both manufacturing and non-financial services and is not driven by digital-intensive sectors.
Keywords: business dynamics; Industry concentration; measurement (search for similar items in EconPapers)
JEL-codes: D4 L11 L25 (search for similar items in EconPapers)
Date: 2019-01-21
New Economics Papers: this item is included in nep-cfn, nep-com, nep-eur, nep-ind, nep-sbm and nep-ure
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Citations: View citations in EconPapers (46)
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https://doi.org/10.1787/2ff98246-en (text/html)
Related works:
Working Paper: Industry concentration in Europe and North America (2019)
Working Paper: Industry concentration in Europe and North America (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:oec:ecoaac:18-en
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