Market Share Instability and the Dynamics of Competition: a Panel Data Analysis of Japanese Manufacturing Industries |
| |
| Authors: | Masatoshi Kato Yuji Honjo |
| |
| Institution: | (1) Graduate School of Commerce and Management, Hitotsubashi University, 2-1 Naka, Kunitachi, Tokyo 186-8601, Japan;(2) Faculty of Commerce, Chuo University, 742-1 Higashinakano, Hachioji, Tokyo 192-0393, Japan |
| |
| Abstract: | This paper explores market share instability as a measure of market mobility. Using a newly constructed panel data set, we
examine the determinants of the market share instability of leading firms in Japanese manufacturing industries. The findings
suggest that there is a significant relationship between concentration and market share instability, and the market shares
of leading firms are more stable in highly concentrated industries. We also provide evidence that industry growth has a significantly
positive effect on market share instability. |
| |
| Keywords: | Competition concentration instability market share mobility panel data |
| 本文献已被 SpringerLink 等数据库收录！ |
|
