The Evolution and Structure of the Two-wheeler Industry in India
Raghbendra Jha () and
Hari Nagarajan ()
ASARC Working Papers from The Australian National University, Australia South Asia Research Centre
This paper studies the evolution of the competitive structure of the two-wheeler industry in India. The evolution of the industry's competitive structure is traced using Kendall’s Index of Rank Concordance and the Evans-Karras test of convergence. The industry seems to be characterized by oligopoly with the onset of economic reforms not making much difference to industrial structure. Convergence of sales and capacity at the level of the industry is conditional while it is absolute at the level of the segment.
Keywords: index of concordance; convergence; evolution of industry (search for similar items in EconPapers)
JEL-codes: D2 L1 L6 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pas:asarcc:2002-02
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