Concentration and Markups in South African Manufacturing Johannes - PowerPoint PPT Presentation

Oct 15, 2023 •136 likes •217 views

Concentration and Markups in South African Manufacturing Johannes Fedderke, Nonso Obikili, and Nicola Viegi Economic Research Southern Africa January 21, 2016 Motivation Previous Findings I Markups higher than rest of the world I

Concentration and Markups in South African Manufacturing Johannes Fedderke, Nonso Obikili, and Nicola Viegi Economic Research Southern Africa January 21, 2016
Motivation Previous Findings I Markups higher than rest of the world I Fedderke, Kularatne, and Mariotti (2007) I I I Aghion, Braun, Fedderke (2008) Aghion, Fedderke, Howitt and Viegi (2013) Markups low and NOT significantlydifferent from rest of I the world Zalk (2014) I Gilbert and Du Plessis (2015) I Why does it matter? I Productivity growth impact I Q: Which is true? I
Markups1 2010 2011 2012 2010 - 2012 Average Markups 0.60 0.38 1.13 0.8 Figure: Markups Comparison 1995-04 v 2010-12
Markups2 Figure: Difference in Average Markups- Finland v South Africa
Concentration Ratios 1 Figure: Change in Concentration Ratio in Percentage Points: 1996 - 2010/2011/2012
Concentration Ratios 2 Figure: Difference in HHI South Africa vs US - 2012
Potential Explanations NO YES Concentration Small Firms Big Firms Barriers to Entry Skills Distribution Absence of Entry Q. Is competition policy focused I correctly?

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