haku: @author Schumacher, U. / yhteensä: 1
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| Tekijä: | Schumacher, U. |
| Otsikko: | Buyer structure and seller performance in U.S. manufacturing industries. |
| Lehti: | Review of Economics and Statistics
1991 : MAY, VOL. 73:2, p. 277-284 |
| Asiasana: | MANUFACTURING INDUSTRY INDUSTRIAL CONCENTRATION PROFITABILITY INDUSTRIAL PERFORMANCE |
| Kieli: | eng |
| Tiivistelmä: | The relationship between performance and market structure is investigated, with particular emphasis on the organization of the market on the buyers' side and its effect on seller profit margins. Based on a sample of USA manufacturing industries that is stratified accourding to product group categories as well as degree of seller concentration., it is established that highly concentrated buyers exhibit significant power to impair profitability especially in oligopolistic consumer goods industries. The impact of countervailing power appears to be strong regardless of demand conditions. |
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