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| Author: | Hatfield, D. Liebeskind, J. Opler, T. |
| Title: | Corporate restructuring and the consolidation of US industry |
| Journal: | Journal of Industrial Economics
1996 : MAR, VOL. 44:1, p. 53-68 |
| Index terms: | USA INDUSTRIES COMPANIES |
| Language: | eng |
| Abstract: | This study examines the impact of corporate restructuring measured at the industry level on industry concentration in 695 4-digit US industries in the basic, manufacturing and services sectors between 1981 and 1989. The results show a modest increase in median industrial concentration in sample industries between 1981 and 1989. The authors find no evidence that sell-offs of assets at the industry level through horizontal mergers, acquisition and inter-firm asset sales increased US industrial concentration during the 1980s. |
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