Matches in SemOpenAlex for { <https://semopenalex.org/work/W134416443> ?p ?o ?g. }
- W134416443 endingPage "58" @default.
- W134416443 startingPage "39" @default.
- W134416443 abstract "The relationship between efficiency and market structure has been under investigation in the literature for a long time. According to Hicks (1935), firms with higher market power can survive in the economy even if they have higher costs since they can charge prices above the marginal cost. Although the relationship between firm performance measured by profits and market structure is obvious (Peltzman 1977), the direction of causality remains ambiguous (Clarke et al. 1984). There are different explanations of this relationship. One is to start with market power and relate the higher firm efficiency to the ability of firms with higher market power to charge prices above the cost margin. The second one, originally developed by Demsetz (1973), is based on the efficient structure of production and relates higher market power to the higher profits brought about by higher efficiencies. Although these two approaches try to explain the same relationship from the firm side, the welfare implications would be completely different. The reason for this is that in the first approach, that is, the market share hypothesis, firm performance (efficiency) is measured by the profitability of a firm and the relationship with market structure examined. According to this hypothesis, market power and efficiency are either negatively related, or not related. In the second approach, firm performance is measured by the efficiency of production. According to efficiency hypothesis, market power and efficiency are positively related. Feeny and Rogers (1999), Choi and Weiss (2005), Oustapassidis et al. (2000) and Bhattacharya and Bloch (1997) test both hypotheses for different countries and sectors and report controversial results. Thus, there is no clear evidence supporting any of the two hypotheses. Large enterprises have a special place in economic modelling since they may be both triggering and detrimental in the growth process. From a Schumpeterian perspective, a large firm has a higher tendency to make product and process innovations which increases" @default.
- W134416443 created "2016-06-24" @default.
- W134416443 creator A5060894764 @default.
- W134416443 creator A5073556840 @default.
- W134416443 date "2008-09-19" @default.
- W134416443 modified "2023-10-16" @default.
- W134416443 title "Concentration, Profitability and (In)Efficiency in Large Scale Firms" @default.
- W134416443 cites W127398482 @default.
- W134416443 cites W1507349773 @default.
- W134416443 cites W151381587 @default.
- W134416443 cites W1556462313 @default.
- W134416443 cites W1574385606 @default.
- W134416443 cites W1584714146 @default.
- W134416443 cites W1964263183 @default.
- W134416443 cites W1968562658 @default.
- W134416443 cites W1977845602 @default.
- W134416443 cites W1983162145 @default.
- W134416443 cites W2000665643 @default.
- W134416443 cites W2005114162 @default.
- W134416443 cites W2023946920 @default.
- W134416443 cites W2035800504 @default.
- W134416443 cites W2043425503 @default.
- W134416443 cites W2055084783 @default.
- W134416443 cites W2056587950 @default.
- W134416443 cites W2062904349 @default.
- W134416443 cites W2063860581 @default.
- W134416443 cites W2076351657 @default.
- W134416443 cites W2076452041 @default.
- W134416443 cites W2080741384 @default.
- W134416443 cites W2088203242 @default.
- W134416443 cites W2089341186 @default.
- W134416443 cites W2097560545 @default.
- W134416443 cites W2107554480 @default.
- W134416443 cites W2119246169 @default.
- W134416443 cites W2136037938 @default.
- W134416443 cites W2136211845 @default.
- W134416443 cites W2162180338 @default.
- W134416443 cites W2319504626 @default.
- W134416443 cites W3121225859 @default.
- W134416443 cites W3121552797 @default.
- W134416443 cites W3124172198 @default.
- W134416443 cites W3125085605 @default.
- W134416443 cites W3129744925 @default.
- W134416443 doi "https://doi.org/10.1007/978-3-7908-2072-0_3" @default.
- W134416443 hasPublicationYear "2008" @default.
- W134416443 type Work @default.
- W134416443 sameAs 134416443 @default.
- W134416443 citedByCount "2" @default.
- W134416443 countsByYear W1344164432014 @default.
- W134416443 countsByYear W1344164432019 @default.
- W134416443 crossrefType "book-chapter" @default.
- W134416443 hasAuthorship W134416443A5060894764 @default.
- W134416443 hasAuthorship W134416443A5073556840 @default.
- W134416443 hasConcept C10138342 @default.
- W134416443 hasConcept C106159729 @default.
- W134416443 hasConcept C129361004 @default.
- W134416443 hasConcept C151730666 @default.
- W134416443 hasConcept C155739000 @default.
- W134416443 hasConcept C16051113 @default.
- W134416443 hasConcept C162324750 @default.
- W134416443 hasConcept C175444787 @default.
- W134416443 hasConcept C2775881736 @default.
- W134416443 hasConcept C2778348673 @default.
- W134416443 hasConcept C2780299701 @default.
- W134416443 hasConcept C2780762169 @default.
- W134416443 hasConcept C2781127519 @default.
- W134416443 hasConcept C29368100 @default.
- W134416443 hasConcept C2985330422 @default.
- W134416443 hasConcept C556758197 @default.
- W134416443 hasConcept C66887028 @default.
- W134416443 hasConcept C86803240 @default.
- W134416443 hasConceptScore W134416443C10138342 @default.
- W134416443 hasConceptScore W134416443C106159729 @default.
- W134416443 hasConceptScore W134416443C129361004 @default.
- W134416443 hasConceptScore W134416443C151730666 @default.
- W134416443 hasConceptScore W134416443C155739000 @default.
- W134416443 hasConceptScore W134416443C16051113 @default.
- W134416443 hasConceptScore W134416443C162324750 @default.
- W134416443 hasConceptScore W134416443C175444787 @default.
- W134416443 hasConceptScore W134416443C2775881736 @default.
- W134416443 hasConceptScore W134416443C2778348673 @default.
- W134416443 hasConceptScore W134416443C2780299701 @default.
- W134416443 hasConceptScore W134416443C2780762169 @default.
- W134416443 hasConceptScore W134416443C2781127519 @default.
- W134416443 hasConceptScore W134416443C29368100 @default.
- W134416443 hasConceptScore W134416443C2985330422 @default.
- W134416443 hasConceptScore W134416443C556758197 @default.
- W134416443 hasConceptScore W134416443C66887028 @default.
- W134416443 hasConceptScore W134416443C86803240 @default.
- W134416443 hasLocation W1344164431 @default.
- W134416443 hasOpenAccess W134416443 @default.
- W134416443 hasPrimaryLocation W1344164431 @default.
- W134416443 hasRelatedWork W1674424760 @default.
- W134416443 hasRelatedWork W2029771684 @default.
- W134416443 hasRelatedWork W2091324169 @default.
- W134416443 hasRelatedWork W2125640943 @default.
- W134416443 hasRelatedWork W2140381792 @default.
- W134416443 hasRelatedWork W2165007863 @default.