Scale Economies in Statistical Analyses of Market Power
Bibliographic Data
| ID | 19320201 |
|---|---|
| Authors | Richard E Caves, Javad Khalilzadeh-Shirazi, Michael E Porter (0000-0001-9380-6625) |
| Year | 1975 |
| Volume | 57 |
| Issue | 2 |
| Pages | 133 |
| Publication date | 1975-05-01 |
| 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 | 10.2307/1923994 |
| OpenAlex | W2003358614 |
| Language | EN |
| Citations received | 17 |
| References cited | 7 |
B AINis (1956) analysis of the sources of barriers to new competition suggests that scale economies to the plant or firm allow sellers to elevate price somewhat above average cost without attracting new rivals. Multivariate statistical analyses of the determinants of seller concentration and profits henceforth have included measures of scale economies among their independent variables. However, direct measures, based on engineering or survey evidence, have been available to only a few investigators (Bain, 1956; Eastman and Stykolt, 1967). Others have employed various statistical proxies for the missing firsthand evidence. This paper proposes a new way to form these surrogate measures, compares its properties with those of previous approaches, and reports its performance in two recent studies of allocative efficiency in manufacturing industries
Econometrics · Economics · Economies of scale · Geography · Market power · Microeconomics · Power (physics) · Scale (ratio) · Corporate Finance and Governance · Firm Innovation and Growth · Merger and Competition Analysis
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Did Better Firms Enter the Indonesian Manufacturing Sector after the 1997–98 Crisis
| Unique citing works | 17 |
|---|---|
| Citations per year | 0,36 |
| Citation span | 1979 - 2014 (36) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 17 |