Industrial concentration and performance: a study of the structure, conduct, and performance of Indian industry
This work is a microeconomic study of the performance of Indian industry, which emphasizes the role of the market. It looks at the nature of competition in Indian industry, asking whether the private sector in India is concentrated, whether firms in concentrated private sector industries compete or collude, and looks at the implications of such behavior for the performance of the sector.
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A Microeconomic View of Indian Industry
Development and Applications
The SCP Paradigm and India
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analysis Bain barriers to entry behaviour calculated capacity utilization cent changes coefficient collusion competition concentration ratios conduct considered cost curves cost disadvantage ratio CRjt cross-sectional decrease determinants dustries economies of scale ENTPOL equation estimated factors FGRT firm growth function growth of demand growth of firms HCR industries heteroscedasticity high-CR industries higher profit highly concentrated industries hypothesis implies included increase incumbents Indian industry indicates industries in India industry profitability industry structure influence insignificant lagged large firms largest firm low-CR industries LPROF market power market shares measure MESCDR microeconomic minimum efficient scale monopoly number of firms oligopolistic oligopoly one-firm equivalent OUTMES Ov Ov Ov pattern period persistence private sector profit differentials profit margins profit maximization profit rate public limited companies public sector firms ranked firm reflect relationship sample SCP framework significant Table top firm