Truck Technology and Efficient Market Structure
Bibliographic Data
| ID | 19318528 |
|---|---|
| Authors | Judy Shaw‐Er Wang Chiang, Ann F Friedlaender |
| Year | 1985 |
| Volume | 67 |
| Issue | 2 |
| Pages | 250 |
| Publication date | 1985-05-01 |
| 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 | 10.2307/1924724 |
| OpenAlex | W1983369538 |
| Language | EN |
| Citations received | 1 |
| References cited | 1 |
A bstractUsing the trucking industry as an example, this paper extends the empirical research on multiproduct firms to analyze the efficient numbers of firms in the industry. The paper first considers the issue of size related economies and argues that although there are limited economies of scale, economies of scope appear to be sufficiently strong to explain the observed large number of mergers and acquisitions that have occurred in the industry. The paper then considers the efficient number of firms in the industry. Using the concept of ray-average cost, it shows that for the output combinations observed in the industry, the efficient number of firms required to serve industry output is quite large
Business · Commerce · Industrial organization · Market structure · Transport engineering · Truck · Automotive Engineering · Consumer Market Behavior and Pricing · Economics of Agriculture and Food Markets · Engineering · Merger and Competition Analysis
| Unique citing works | 1 |
|---|---|
| Citations per year | 0.03 |
| Citation span | 1991 - 1991 (1) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 1 |