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Market Structure and External Control in the Regional Economies of Great Britain

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  • Harris, Richard I D

Abstract

This paper establishes the degree to which markets are dominated by a limited number of firms, and the implications of this for the indigenous firms in each region that are attempting to sell in national markets. The author then looks at the causes of industrial concentration, which has largely been achieved through the acquisitions and mergers of firms located in various regions. He then goes on to consider the possible consequences of the "branch plant' economy, especially in relation to employment opportunities. This leads back to a consideration of a core-periphery model of various spatial economies (e.g., profit-cycle models). Copyright 1988 by Scottish Economic Society.

Suggested Citation

  • Harris, Richard I D, 1988. "Market Structure and External Control in the Regional Economies of Great Britain," Scottish Journal of Political Economy, Scottish Economic Society, vol. 35(4), pages 334-360, November.
    • Handle: RePEc:bla:scotjp:v:35:y:1988:i:4:p:334-60
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    Cited by:

    1. Richard Harris, 2011. "Models Of Regional Growth: Past, Present And Future," Journal of Economic Surveys, Wiley Blackwell, vol. 25(5), pages 913-951, December.
    2. J H Love, 1994. "EC Mergers Regulation and Regional Economic Cohesion," Environment and Planning A, , vol. 26(1), pages 137-152, January.
    3. Harris, Richard, 2009. "Spillover and backward linkage effects of FDI: empirical evidence for the UK," LSE Research Online Documents on Economics 33206, London School of Economics and Political Science, LSE Library.
    4. Richard Harris & Catherine Robinson, 2003. "Foreign Ownership and Productivity in the United Kingdom Estimates for U.K. Manufacturing Using the ARD," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 22(3), pages 207-223, May.
    5. Crone, Mike & Roper, Stephen, 1999. "Knowledge Transfers from Multi-national Plants in Northern Ireland," ERSA conference papers ersa99pa053, European Regional Science Association.
    6. T Clarke & P Beaney, 1993. "Between Autonomy and Dependence: Corporate Strategy, Plant Status, and Local Agglomeration in the Scottish Electronics Industry," Environment and Planning A, , vol. 25(2), pages 213-232, February.

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