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The relationship between mark-ups, concentration, and profitability

Author

Listed:
  • Arthur Barrionuevo Filho

Abstract

This paper is a survey about industrial organizations. We intend to clarify thestate of the art of empirical studies on the industrial competition. Basically, we discuss apoint of view that became consensus in this field about the decreasing competition in concentratedindustries. Then we examine the importance of the barriers to entry to establishenterprise behaviour and their power to fix prices. Finally, based on the renaissance of classicaleconomics there is an overview about diversification and the role of the profit rate in acapitalist economy. JEL Classification: B25; B20; L00; L10

Suggested Citation

  • Arthur Barrionuevo Filho, 1990. "The relationship between mark-ups, concentration, and profitability," Brazilian Journal of Political Economy, Center of Political Economy, vol. 10(4), pages 540-559.
    • Handle: RePEc:ekm:repojs:v:10:y:1990:i:4:p:540-559:id:1551
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1551/1537
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    More about this item

    Keywords

    Industrial organization; competition; history of economic thought;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • L00 - Industrial Organization - - General - - - General
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General

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