Monopoly, Market Structure, and Economies of Scale

1997 ◽  
pp. 105-138
Author(s):  
W. Max Corden
Keyword(s):  
Market Structure ◽  
Economies Of Scale ◽  
Monopoly Market

Market structure and economic performance of forest products industry in Ontario and Canada

1985 ◽  
Vol 15 (1) ◽  
pp. 115-125 ◽  
Author(s):  
J. C. Nautiyal ◽  
B. K. Singh ◽  
O. Menezes
Keyword(s):  
Market Structure ◽  
Economies Of Scale ◽  
Paper Industry ◽  
Forest Products ◽  
Pulp And Paper Industry ◽  
Forest Products Industry ◽  
Homogeneous Part ◽  
Lumber Industry ◽  
Plywood Industry ◽  
Forest Industries

Market structure for three major groups of Ontario and Canadian forest products industry was examined over the years 1975–1980 and 1965–1980, respectively, in terms of domestic seller concentration ratios. The analysis indicated that forest industries in Ontario are more or less a homogeneous part of those in Canada. However, patterns of change in concentration over time in both jurisdictions are different. Lumber industry in Ontario as well as in Canada, though not very competitive, is certainly unconcentrated. The pulp and paper industry, on the other hand, is mildly oligopolistic in both jurisdictions. The relatively small veneer and plywood industry is mildly oligopolistic in Ontario, but strongly so in Canada. Profitability of forest industries in Canada is positively and significantly related to the proportion of output exported and to the degree of domestic seller concentration. This degree of concentration, in turn, seems to be largely determined by the presence of economies of scale.

scholarly journals Analysis of Islamic Banking Market Structure in Indonesia with Panzar-Rosse Model Approach

2019 ◽  
Vol 2 (2) ◽  
pp. 122-133
Author(s):  
Kiki Hardiansyah Siregar ◽  
Ahmad Qarib ◽  
Dede Ruslan
Keyword(s):  
Panel Data ◽  
Market Structure ◽  
Banking Industry ◽  
Secondary Data ◽  
Islamic Banking ◽  
Analysis Model ◽  
Banking Market ◽  
Monopoly Market ◽  
Equilibrium Test

The purpose in this study is to determine and analyze the market structure of the Islamic banking industry in Indonesia according to the Panzar-Rosse model and the level of competition between Islamic banking industry in Indonesia. To find out the market structure of the islamic banking industry it must be analyzed the effect of EAR, NPF, BOPO, FAR, FS, PL, PFF, PCE on the performance of Islamic banking as measured by ROA. The data used to answer and achieve these objectives is used secondary data from Islamic banks in Indonesia which has the largest asset ratings for a period of 6 years using the selected panel data method on the basis of Tests. The analysis model related to market structure uses the Panzar-Rosse model by looking for the H-statistic value and identified the Islamic banking equilibrium test on the panel data model of the performance of bank  in Indonesia. This study found that the performance of Islamic banking measured by ROA simultaneously affected EAR, NPF, BOPO, FAR and FS and Panzar-Rosse approach will produce H-Stat value which is the sum of three main coefficients ofbanking inputs (labor, capital and funds). With H-Stat valued at 0.735 can be concludedthat the islamic banking industry in indonesia into the category of monopolistic market.The levels of the Islamic banking industry of Bank BNI, Bank BRI, Bank Panin and Bank Bukopin are monopolistic market while Bank Muamalat and Bank Mandiri are directed towards a joint monopoly market in the position of long-term equilibrium.

scholarly journals What Determines Welfare Losses from Oligopoly Power in the Food and Tobacco Industries?

1998 ◽  
Vol 27 (2) ◽  
pp. 258-265 ◽  
Author(s):  
Sanjib Bhuyan ◽  
Rigoberto A. Lopez
Keyword(s):  
Mergers And Acquisitions ◽  
Market Structure ◽  
Economies Of Scale ◽  
Market Concentration ◽  
Consumer Products ◽  
Welfare Loss ◽  
Import Competition ◽  
Export Intensity ◽  
Welfare Losses

This paper estimates welfare losses in thirty-eight U.S. food and tobacco industries at the four-digit SIC level, then relates such losses to market structure and conduct variables to identify the welfare loss determinants. Empirical findings indicate that these losses are higher in markets characterized by high export intensity, high advertising expenditures, economies of scale, mergers and acquisitions, and market concentration. In addition, losses are larger in industries that sell finished consumer products and face lower import competition.

scholarly journals Market Structure of Sago Starch in Southeast Sulawesi, Indonesia

2021 ◽  
Vol 18 ◽  
pp. 628-635
Author(s):  
Haji Saediman ◽  
Helviani Helviani ◽  
Laila Refiana Said ◽  
Sarinah Sarinah ◽  
Sitti Aida Adha Taridala ◽  
...  
Keyword(s):  
Market Structure ◽  
Product Differentiation ◽  
Economies Of Scale ◽  
Structural Features ◽  
Sago Starch ◽  
Barriers To Entry ◽  
High Demand ◽  
Market Participants ◽  
Study Results ◽  
Depth Interviews

Sago plant produces sago starch, which can be processed into various food and non-food uses and has high demand in the domestic and international market. However, sago starch marketing is still facing problems that make the crop has not yet optimally support the economy of sago growing and processing households and communities. The study aimed to assess the market structure of sago starch in Konawe District of Southeast Sulawesi Province, Indonesia. Data collection was done in two sago growing subdistricts. Respondents consisted of 55 sago producers, four subdistrict collectors, and two large traders. Data were collected using questionnaires, observation, and in-depth interviews, and were analyzed using Concentration Ratio and descriptive statistics. Study results showed that market participants consisted of producers, collectors, large traders, and retailer. The producer or seller concentration was low, and the atomistic selling condition prevailed in the sago extraction industry. The market share of the four largest collectors was 67.25%. Product differentiation was not present or low among the sago producers. Observed barriers to entry into the sago starch production included lack of technical skills, availability of water sources, knowledge of the area, and the nature of sago extraction operation. Barriers to entry into sago marketing were moderate and included capital requirement, economies of scale, knowledge of the area, and networking with both producers and large traders. The sago starch market has deviated from the norms of competitive market structure, namely, an oligopsonistic market structure. The structural features of the industry need to be improved by establishing standard and grades to facilitate marketing and to lead to product differentiation.

scholarly journals ANALYSIS OF MARKET STRUCTURE, CONDUCT AND PERFORMANCE OF COPRA IN PARIGI – MOUTONG REGENCY

2021 ◽  
Vol 21 (4) ◽  
pp. 325-332
Author(s):  
Hendra Kurniawan ◽  
Ratya Anindita ◽  
Silvana Maulidah
Keyword(s):  
Market Structure ◽  
Market Share ◽  
Market Performance ◽  
Secondary Data ◽  
Perfect Competition ◽  
Primary Data ◽  
Market Information ◽  
Marketing System ◽  
Monopoly Market ◽  
And Performance

This study aims to find out and investigate how copra farmers receive in Parigi – Moutong Regency. In this study the data used is primary data and secondary data, primary data is taken using questionnaire list. This research uses IHH and CR4 analysis approach, with the aim to find out the market share and market formed in each copra marketing institution in Parigi – Moutong Regency. The results of the research showed from the results of the analysis conducted is the market formed in copra farmers institutions are a perfect competition market, in the institution of traders collectors (middlemen) market formed is a monopoly market, just as the market formed in large traders is also monopoly. The cr4 value obtained is farmers by 30.82%, collectors by 100%, large traders by 100%. From the results obtained the structure of the market is already affecting the market counduct copra, where the merchant become the determinant haraga copra is a collector to be the recipient of the price.in addition, traders do bond in terms of capital (dwon paymen).Copra market performance is inefficient, where copra farmers in Parigi – Moutong are more dominant in selling copra in three marketing lines that have many marketing agencies involved, with a margin of Rp 2,000. referring to the results, it is fair that the weak still of farmers reaching the market information, especially prices, as a result of the share received by farmers is low. Related to this, there needs to be strengthening in farmers institutions related to copra marketing system.

scholarly journals Competition and bank profitability

2019 ◽  
Vol 8 (1) ◽  
Author(s):  
Nuraini Yuanita
Keyword(s):  
Market Structure ◽  
Concentration Ratio ◽  
Economies Of Scale ◽  
Banking Sector ◽  
Bank Performance ◽  
Bank Profitability ◽  
Bank Behavior ◽  
Structural Measure ◽  
And Performance ◽  
The Impact

Abstract By issuing Indonesian Banking Architecture in 2004, the central bank of Indonesia has encouraged banking sector to consolidate. The aim of merger among others is to increase bank economies of scale. This study tries to look at the impact of merger bank on the bank performance by implementing structure conduct and performance hypothesis. Merger bank affects market structure. According to structure conduct and performance hypothesis, market structure affects bank behavior as well as bank performance. The result of this study suggests that an increase in market concentration causes a decrease in price. It shows that merger increase economies of scale so that bank can offer lower price. A decrease in price brings down bank profitability. Concentration ratio also can be used as competition measurement. It is known as a structural measure of competition. Using the structural measure, a lower competition that is shown by higher concentration ratio is associated with lower profitability. This research also analyses the relationship between competition and bank profitability using Lerner index as a non-structural measure of competition. The non-structural measure of competition shows that lower competition is associated with higher profitability. Hence, the structural measure of competition creates different result from the non-structural measure of competition.

Does Agriculture Responds Asymmetrically to Oil Price Change

2011 ◽  
Vol 347-353 ◽  
pp. 10-15
Author(s):  
Li Hong Wang ◽  
Bao Guo Wang ◽  
Gui Feng Liu ◽  
Zhi Hong Tian
Keyword(s):  
Market Structure ◽  
Agricultural Production ◽  
Price Change ◽  
Oil Prices ◽  
Diesel Oil ◽  
Oil Price ◽  
Short Term ◽  
Monopoly Market ◽  
The Impact

This paper analyzes the impact of the rise and decline of the oil prices on the agricultural diesel prices, and interviews the reasons and effects. The results show that the rise of the oil price is the major factor that impacts on diesel price change, that is to say, the price of diesel oil price goes up with the rise of oil price, however, it does not fall with the decline of oil price in short term. Possible explanations for these results are offered. The most important one is that the monopoly market structure of agricultural diesel and oil is the main reason why the agricultural diesel price responds asymmetrically to oil price change. And it gives some advice to find out a way to cope with the inconsistency between agricultural production and the oil price.

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