Trends in Aggregate Concentration in the United States

Datos Bibliográficos

ID4030007
AutoresLawrence J White (0000-0001-6060-9246, New York University, autor de correspondencia)
Año2002
Volumen16
Número4
Páginas137-160
Fecha de publicación2002-11-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaThe Journal of Economic Perspectives (JOURNAL)
Identificadores de la revistaISSN: 0895-3309 • E-ISSN: 1944-7965
EditorialAmerican Economic Association (PUBLISHER • US)
DOI10.1257/089533002320951019
OpenAlexW1968702372
IdiomaEN
Citas recibidas13
Referencias citadas15

I assemble two rarely used data sets to measure aggregate concentration in the U.S. in the 1980s and 1990s. Despite the merger waves of those decades, aggregate concentration declined in the 1980s and the early 1990s, but rose modestly in the late 1990s. The levels at the end of the decade were at or below the levels of the late 1980s or early 1990s. The average size of firm and the relative importance of larger size classes of firms increased, however. Gini coefficients for employment and payroll shares of companies showed moderate but steady increases from 1988 through 1999

Aggregate data · Demographic economics · Econometrics · Economics · Monetary economics · Payroll · Statistics · Banking stability, regulation, efficiency · Firm Innovation and Growth · Mathematics · Regional Economics and Spatial Analysis · Accounting