IDEAS home Printed from https://ideas.repec.org/a/seb/journl/v4y2006i1p81-94.html
   My bibliography  Save this article

Market Share Mobility in Greek Manufacturing Industry

Author

Listed:
  • Theodore Papadogonas

    (Athens University of Economics and Business, Department of Accounting and Finance)

  • Vassilis Droucopoulos

    (Athens University of Economics and Business, Department of Economics)

Abstract

The objective of this paper is to present evidence on the extent and the determinants of firms' market share stability in Greek manufacturing industry for 1989-1992. Results find that market share stability is reinforced by large initial industry size, low growth rates and, to a lesser extent, by low exit and high entry rates within the group of incumbent firms. Two variables, concentration level and innovative intensity, tend to have differentiated effects on mobility according to the sample taxonomy used. Further work is suggested in testing the hypotheses for a longer period so as to allow for possible effects of product and/or business cycles.

Suggested Citation

  • Theodore Papadogonas & Vassilis Droucopoulos, 2006. "Market Share Mobility in Greek Manufacturing Industry," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 4(1), pages 81-94.
    • Handle: RePEc:seb:journl:v:4:y:2006:i:1:p:81-94
    as

    Download full text from publisher

    File URL: http://www.asecu.gr/Seeje/issue06/papadogonas.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. John R. Cable, 1997. "Market Share Behavior And Mobility: An Analysis And Time-Series Application Notes," The Review of Economics and Statistics, MIT Press, vol. 79(1), pages 136-141, February.
    2. Marlow, Michael L & Link, John P & Trost, Robert P, 1984. "Market Structure and Rivalry: New Evidence with a Non-linear Model," The Review of Economics and Statistics, MIT Press, vol. 66(4), pages 678-682, November.
    3. Richard E. Caves, 1998. "Industrial Organization and New Findings on the Turnover and Mobility of Firms," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 1947-1982, December.
    4. Baldwin,John R. & Gorecki,Paul, 1998. "The Dynamics of Industrial Competition," Cambridge Books, Cambridge University Press, number 9780521633574, January.
      • Baldwin,John R. & Gorecki,Paul With contributions by-Name:Caves,Richard E. With contributions by-Name:Dunne,Tim With contributions by-Name:Haltiwanger,John, 1995. "The Dynamics of Industrial Competition," Cambridge Books, Cambridge University Press, number 9780521465618, November.
    5. Uma Kambhampati, 2000. "Industry competitiveness: leadership identity and market shares," Applied Economics Letters, Taylor & Francis Journals, vol. 7(9), pages 569-573.
    6. van Dijk, Machiel, 2000. "Technological Regimes and Industrial Dynamics: The Evidence from Dutch Manufacturing," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 9(2), pages 173-194, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Mike Fusillo, 2013. "The Stability of Market Shares in Liner Shipping," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 42(1), pages 85-106, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yang, Qing Gong & Temple, Paul, 2012. "Reform and competitive selection in China: An analysis of firm exits," Structural Change and Economic Dynamics, Elsevier, vol. 23(3), pages 286-299.
    2. Jacob Holm, 2014. "The significance of structural transformation to productivity growth," Journal of Evolutionary Economics, Springer, vol. 24(5), pages 1009-1036, November.
    3. Mickey Folkeringa & Andre Van Stel & Kashifa Suddle & Sita Tan, 2011. "Measuring business dynamics among incumbent firms in The Netherlands," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 12(2), pages 185-206.
    4. Michele Cincera, 2004. "Impact of market entry and exit on EU productivity and growth performance," ULB Institutional Repository 2013/921, ULB -- Universite Libre de Bruxelles.
    5. Gil, Pedro Mazeda, 2010. "Stylised facts and other empirical evidence on firm dynamics, business cycle and growth," Research in Economics, Elsevier, vol. 64(2), pages 73-80, June.
    6. Michael Fritsch & Udo Brixy & Oliver Falck, 2006. "The Effect of Industry, Region, and Time on New Business Survival – A Multi-Dimensional Analysis," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 28(3), pages 285-306, May.
    7. Cefis, Elena & Ciccarelli, Matteo & Orsenigo, Luigi, 2007. "Testing Gibrat's legacy: A Bayesian approach to study the growth of firms," Structural Change and Economic Dynamics, Elsevier, vol. 18(3), pages 348-369, September.
    8. Poschke, Markus, 2009. "Employment protection, firm selection, and growth," Journal of Monetary Economics, Elsevier, vol. 56(8), pages 1074-1085, November.
    9. Riadh Ben Jelili & Mohamed Goaid, 2009. "Entry, Exit, Resource Reallocation and Productivity Growth in the Tunisian Private Manufacturing Industries," Middle East Development Journal, Taylor & Francis Journals, vol. 1(2), pages 189-208, January.
    10. Lambie, Neil Ross, 2009. "The role of real options analysis in the design of a greenhouse gas emissions trading scheme," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47626, Australian Agricultural and Resource Economics Society.
    11. D.B. Audretsch & L. Klomp & E. Santarelli & A.R. Thurik, 2004. "Gibrat's Law: Are the Services Different?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 24(3), pages 301-324, May.
    12. Fulvio Castellacci & Jinghai Zheng, 2010. "Technological regimes, Schumpeterian patterns of innovation and firm-level productivity growth," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 19(6), pages 1829-1865, December.
    13. Josep Arauzo Carod & Daniel Liviano Solís & Mònica Martín Bofarull, 2008. "New business formation and employment growth: some evidence for the Spanish manufacturing industry," Small Business Economics, Springer, vol. 30(1), pages 73-84, January.
    14. Calá, Carla Daniela, 2009. "Spatial issues on firm demography: an analysis for Argentina," Nülan. Deposited Documents 1379, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación.
    15. Delli Gatti, Domenico & Gallegati, Mauro & Giulioni, Gianfranco & Palestrini, Antonio, 2003. "Financial fragility, patterns of firms' entry and exit and aggregate dynamics," Journal of Economic Behavior & Organization, Elsevier, vol. 51(1), pages 79-97, May.
    16. Dan Johansson, 2005. "The Turnover of Firms and Industry Growth," Small Business Economics, Springer, vol. 24(5), pages 487-495, June.
    17. Ouyang, Min, 2009. "The scarring effect of recessions," Journal of Monetary Economics, Elsevier, vol. 56(2), pages 184-199, March.
    18. GABLER, Alain & POSCHKE, Markus, 2011. "Growth through Experimentation," Cahiers de recherche 11-2011, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    19. Markus Poschke, 2010. "The Regulation of Entry and Aggregate Productivity," Economic Journal, Royal Economic Society, vol. 120(549), pages 1175-1200, December.
    20. Sierdjan Koster & André Stel, 2014. "The relationship between start-ups, market mobility and employment growth: An empirical analysis for Dutch regions," Papers in Regional Science, Wiley Blackwell, vol. 93(1), pages 203-217, March.

    More about this item

    Keywords

    Market share mobility; concentration; innovation;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

    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:seb:journl:v:4:y:2006:i:1:p:81-94. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Ms. Melina Petromelidou (email available below). General contact details of provider: https://edirc.repec.org/data/asecuea.html .

    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.