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Title: |
On the Simultaneity between Market
Concentration and Profitability: The Case of a Small-Open Developing
Country |
| Author: |
Kalirajan, K.
P. |
| Author
Affiliation: |
Australian
National U |
| Source: |
International Economic Journal, Spring 1993, v. 7, no. 1, pp. 31-48 |
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Publication Date: |
Spring 1993 |
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Abstract: |
The objective of this paper is to
examining the controversy in the literature, surrounding the
simultaneity between concentration and price-cost margins. As earlier
studies have tested this problem in the context of developed countries
only, this paper examines the relationship between concentration and
profitability using data from a developing country, Malaysia. Empirical
results indicate that simultaneity between concentration and margins may
be ruled out in the case of Malaysian manufacturing industries. |
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