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An empirical analysis of productivity growth and industrial concentration in us manufacturing

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  • Munisamy Gopinath
  • Daniel Pick
  • Yonghai Li

Abstract

This manuscript focuses on the productivity-industrial concentration relationship in the US manufacturing industries, while accounting for external and internal sources of knowledge. It is found that there is a critical level of industrial concentration beyond which its relationship with productivity growth becomes negative. Results suggest that static welfare losses of increasing concentration in manufacturing industries can be offset by welfare gains from productivity growth.

Suggested Citation

  • Munisamy Gopinath & Daniel Pick & Yonghai Li, 2004. "An empirical analysis of productivity growth and industrial concentration in us manufacturing," Applied Economics, Taylor & Francis Journals, vol. 36(1), pages 1-7.
    • Handle: RePEc:taf:applec:v:36:y:2004:i:1:p:1-7
    DOI: 10.1080/0003684042000177143
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    References listed on IDEAS

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    Cited by:

    1. Carl Gaigné & Léo Le Mener, 2014. "Agricultural Prices, Selection, and the Evolution of the Food Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 96(3), pages 884-902.
    2. Kirsi Mukkala, 2004. "Agglomeration economies in the finnish manufacturing sector," Applied Economics, Taylor & Francis Journals, vol. 36(21), pages 2419-2427.
    3. Carl GAIGNÉ & Cathie LAROCHE DUPRAZ & Alan MATTHEWS, 2015. "Thirty years of European research on international trade in food and agricultural products," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 96(1), pages 91-130.
    4. Puneet Prakash Kaur & Ravi Kiran, 2024. "Examining the Role of Market Concentration in Enhancing Total Factor Productivity: A Comparative Analysis of Selected Agri-based and Hi-Technology Sectors," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 2525-2548, March.
    5. Pierre Blanchard & Jean-Pierre Huiban & Claude Mathieu, 2012. "The determinants of firm exit in the French food industries," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 93(2), pages 193-212.
    6. Pierre Blanchard & Jean-Pierre Huiban & Claude Mathieu, 2012. "The determinants of firm exit in the French food industries," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 93(2), pages 193-212.
    7. Corinne Bagoulla & Emmanuelle Chevassus-Lozza & Karine Daniel & Carl Gaigné, 2010. "Regional Production Adjustment to Import Competition: Evidence from the French Agro-Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(4), pages 1040-1050.
    8. Fatma Abdel-Raouf, 2010. "Trade-Adjusted Concentration Ratios in the US Manufacturing Sector," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 17(3), pages 385-403.
    9. Wang, Miao & Wu, Yi & Zhang, Xinmin & Lei, Lei, 2024. "How does industrial agglomeration affect internal structures of green economy in China? An analysis based on a three-hierarchy meta-frontier DEA and systematic GMM approach," Technological Forecasting and Social Change, Elsevier, vol. 206(C).
    10. Joshua Drucker, 2009. "Trends in Regional Industrial Concentration in the United States," Working Papers 09-06, Center for Economic Studies, U.S. Census Bureau.
    11. Zhi Li & Chengri Ding & Yi Niu, 2019. "Industrial structure and urban agglomeration: evidence from Chinese cities," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 63(1), pages 191-218, August.
    12. Drucker, Joshua & Feser, Edward, 2012. "Regional industrial structure and agglomeration economies: An analysis of productivity in three manufacturing industries," Regional Science and Urban Economics, Elsevier, vol. 42(1-2), pages 1-14.
    13. Wu, JunJie & Gopinath, Munisamy, 2005. "How Do Location Decisions of Firms and Households Affect Economic Development in Rural America?," 2005 Annual meeting, July 24-27, Providence, RI 19229, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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