Working Paper: NBER ID: w19898
Authors: Jun Wang; John Whalley
Abstract: We present estimates of 4 and 8 firm concentration ratios by industry and in weighted aggregate form for the manufacturing sector for Chinese enterprises for 2002 and 2007. These are then compared to available estimates for the same years and industrial classification for the US. These comparisons clearly point in the direction of China having sharply lower concentration ratios, in the order of one half of the US for 4 firm ratios. One possible implication is that markets for Chinese manufactured products are considerably more competitive than in the US.
Keywords: No keywords provided
JEL Codes: L16
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| lower concentration ratios in China (F64) | increased market competitiveness in China (F23) |
| declining concentration ratios in China (L72) | divergence in competitiveness compared to the US (F61) |
| increasing concentration ratios in the US (D30) | divergence in competitiveness compared to China (F12) |