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Concentration and Productivity: A Broader Perspective

Author

Listed:
  • Leslie Hannah

    (Faculty of Economics, University of Tokyo)

Abstract
Zitzewitz's suggestion, in a Journal of Industrial Economics March 2003 article, that Britain's pre-World War One lead over the USA in tobacco manufacturing productivity was due to its more competitive market cannot be sustained. A larger country sample shows a positive relationship between concentration and productivity, while accurate measurement of US and UK concentration shows similar concentration levels until 1911. The later US lead, though plausibly induced by antitrust-enforced competition, was due to tougher labour management rather than to stronger technical innovation.

Suggested Citation

  • Leslie Hannah, 2004. "Concentration and Productivity: A Broader Perspective," CIRJE F-Series CIRJE-F-305, CIRJE, Faculty of Economics, University of Tokyo.
    • Handle: RePEc:tky:fseres:2004cf305
    as

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    File URL: http://www.cirje.e.u-tokyo.ac.jp/research/dp/2004/2004cf305.pdf
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    References listed on IDEAS

    as
    1. Cox, Howard, 2000. "The Global Cigarette: Origins and Evolution of British American Tobacco, 1880-1945," OUP Catalogue, Oxford University Press, number 9780198292210.
    2. G. Warren Nutter & Israel Borenstein & Adam Kaufman, 1962. "Growth of Industrial Production in the Soviet Union," NBER Books, National Bureau of Economic Research, Inc, number nutt62-1.
    3. Broadberry,Steve N., 2005. "The Productivity Race," Cambridge Books, Cambridge University Press, number 9780521023580, September.
    4. Eric W. Zitzewitz, 2003. "Competition and Long–run Productivity Growth in the UK and US Tobacco Industries, 1879–1939," Journal of Industrial Economics, Wiley Blackwell, vol. 51(1), pages 1-33, March.
    Full references (including those not matched with items on IDEAS)

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