Trends in Market Concentration of Australian Industries

Sasan Bakhtiari

    Research output: Contribution to journalArticle

    Abstract

    A host of industrialised countries have seen concentration in their industries grow. This trend is fuelling concerns about falling competition. This article focuses on the changing pattern of market concentration in Australia from 2002 to 2017. On average, market concentration has been rising. However, beneath the aggregate statistics, the pattern is rather mixed, with concentration falling in several sectors. The study also detects a pattern of strong productivity growth alongside a shift towards capital intensive operation and increasing trade where concentration is growing. Overall, the implications of these findings point to the possibility that rising market concentration in some industries is technology driven and not due to a lack of competition.
    Original languageEnglish
    Pages (from-to)57-75
    JournalThe Australian Economic Review
    Volume54
    Issue number1
    DOIs
    Publication statusPublished - 2020

    Fingerprint

    Dive into the research topics of 'Trends in Market Concentration of Australian Industries'. Together they form a unique fingerprint.

    Cite this