Market Structure, Entry, and Performance in Korea
Bibliographic Data
| ID | 19314230 |
|---|---|
| Authors | Kap-Young Jeong, Kap‐Young Jeong, Robert T Masson |
| Year | 1990 |
| Volume | 72 |
| Issue | 3 |
| Pages | 455 |
| Publication date | 1990-08-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Review of Economics and Statistics (JOURNAL) |
| Journal identifiers | ISSN: 0034-6535 • E-ISSN: 1530-9142 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2109353 |
| OpenAlex | W2244902203 |
| Language | EN |
| Citations received | 3 |
| References cited | 1 |
This paper applies a recursive model of structure-entry-performance with structural feedbacks to sixty-two Korean manufacturing industries for 1976-81. The results strongly support the market power hypothesis. The results also indicate that, despite active government intervention, the invisible hand is working: structure is evolving as expected with high profits leading to entry and consequently lower profits. However, there is little support for limit pricing hypotheses in this explosively growing economy. Copyright 1990 by MIT Press
Business · Economics · Industrial organization · Market structure · Firm Innovation and Growth
| Unique citing works | 3 |
|---|---|
| Citations per year | 0.09 |
| Citation span | 1994 - 2018 (25) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |