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Market power and merger control in South Africa

Author

Listed:
  • C. Friedrich Kreuser
  • Michael Kilumelume
  • Rulof Burger

Abstract

We estimate structural, materials, and labour markups for the South African economy at the three-digit industry level for 2012-19. The fall in structural labour and materials markups found for the numerical majority of industries are generally isolated to smaller industries, with industries accounting for a higher proportion of sales generally experiencing smaller downward shifts. We show that materials-based markups are increasing over this period.

Suggested Citation

  • C. Friedrich Kreuser & Michael Kilumelume & Rulof Burger, 2024. "Market power and merger control in South Africa," WIDER Working Paper Series wp-2024-31, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp-2024-31
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2024-31-market-power-merger-control-South-Africa.pdf
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    Keywords

    Market power; Markups; Competitiveness;
    All these keywords.

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