Bajgar, Matej, Berlingieri, Giuseppe, Calligaris, Sara, Criscuolo, Chiara 
ORCID: 0000-0002-0428-7884 and Timmis, Jonathan
(2019)
Industry concentration in Europe and North America.
CEP Discussion Papers (1654).
Centre for Economic Performance, LSE, London, UK.
![[img]](http://eprints.lse.ac.uk/style/images/fileicons/text.png) |
Text (dp1654)
- Published Version
Download (1MB) |
Abstract
This report presents new evidence on industry concentration trends in Europe and in North America. It uses two novel data sources: representative firm-level concentration measures from the OECD MultiProd project, and business-group-level concentration measures using matched OrbisWorldscope-Zephyr data. Based on the MultiProd data, it finds that between 2001 and 2012 the average industry across 10 European economies saw a 2-3-percentage-point increase in the share of the 10% largest companies in industry sales. Using the Orbis-Worldscope-Zephyr data, it documents a clear increase in industry concentration in Europe as well as in North America between 2000 and 2014 of the order of 4-8 percentage points for the average industry. Over the period, about 3 out of 4 (2-digit) industries in each region saw their concentration increase. The increase is observed for both manufacturing and non-financial services and is not driven by digital-intensive sectors.
| Item Type: | Monograph (Discussion Paper) |
|---|---|
| Official URL: | http://cep.lse.ac.uk/_new/publications/series.asp?... |
| Additional Information: | © 2019 The Authors |
| Divisions: | Centre for Economic Performance |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HB Economic Theory |
| JEL classification: | D - Microeconomics > D4 - Market Structure and Pricing > D40 - General L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L11 - Production, Pricing, and Market Structure; Size Distribution of Firms L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L25 - Firm Performance: Size, Diversification and Scope, Age, Profit, and Sales |
| Date Deposited: | 16 Feb 2020 17:15 |
| Last Modified: | 14 Sep 2024 04:08 |
| URI: | http://eprints.lse.ac.uk/id/eprint/103427 |
Actions (login required)
 |
View Item |
Download Statistics
Download Statistics