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The efficiency of small manufacturing firms in Japan

โœ Scribed by Noriyuki Doi

Publisher
Springer US
Year
1992
Tongue
English
Weight
565 KB
Volume
4
Category
Article
ISSN
0921-898X

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โœฆ Synopsis

It has been suggested that market structure will have an impact on within-industry differentials in efficiency, or cost disadvantages of small firms. To test this hypothesis, this paper examines the effects of market structure on the productivity (relative to industry productivity) of small manufacturing firms in Japan. The results show that market structure elements such as concentration and capital requirements work to the disadvantage of small-firm efficiency. The findings provide support for the hypothesis.

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