IDEAS home Printed from https://ideas.repec.org/a/bla/buecrs/v50y1998i2p133-53.html
   My bibliography  Save this article

Market Structure Dynamics in Indian Industry

Author

Listed:
  • Kambhampati, Uma S

Abstract

Can changes in industry structure be characterized by movements towards a long-run concentration ratio (CR)? This paper estimates an error correction model for thirty-three industries in India for the period 1974-85, using nonlinear estimation methods. The results indicate that structural change in India is composed both of significant changes towards the long-run CR and of significant changes of the long-run CR. The adjustment towards the long-run CR seems to be faster in India than in most Western studies. In spite of this, it is below 0.5 in most industries, indicating that even after eleven years, all the difference between actual and long-run CRs is not eroded and "excess" market shares persist in most industries. Across industries, speeds of adjustment are higher in industries with high profit margins and lower in industries which are reserved for the public sector. Copyright 1998 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Suggested Citation

  • Kambhampati, Uma S, 1998. "Market Structure Dynamics in Indian Industry," Bulletin of Economic Research, Wiley Blackwell, vol. 50(2), pages 133-153, April.
    • Handle: RePEc:bla:buecrs:v:50:y:1998:i:2:p:133-53
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Barbara M. Roberts, "undated". "Transition and Changes in Industrial Concentration in Poland," Discussion Papers in European Economics 98/4, Division of Economics, School of Business, University of Leicester.
    2. Nigel Driffield, 2001. "Inward investment, industry concentration and the speed of adjustment," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 137(2), pages 193-214, June.
    3. Yang, Qing & Zhang, Lei & Wang, Xin, 2017. "Dynamic analysis on market structure of China's coal industry," Energy Policy, Elsevier, vol. 106(C), pages 498-504.
    4. Nigel Driffield, 2001. "Inward Investment and Host Country Market Structure: The Case of the U.K," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 18(4), pages 363-378, June.
    5. Jatinder Singh, 2011. "Inward Investment and Market Structure in an Open Developing Economy: A Case of India’s Manufacturing Sector," Journal of Economics and Behavioral Studies, AMH International, vol. 2(6), pages 286-297.
    6. Joshua Drucker, 2009. "Trends in Regional Industrial Concentration in the United States," Working Papers 09-06, Center for Economic Studies, U.S. Census Bureau.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:buecrs:v:50:y:1998:i:2:p:133-53. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0307-3378 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.