MANUFACTURING INDUSTRY EVALUATION

Manufacturing Industry Evaluation

Manufacturing Industry Evaluation

Economists use concentration ratios to see whether firms in a given industry are oligopolies. In the four-firm concentration ratio, the composition of the topmost 4 industry leaders signifies the degree to which a firm operates under an oligopolistic setting (Baye 1999). This paper will able to answer the following questions using the statistics from the Census Bureau of United States, economic census (2002). In this paper, we aim to determine the degree of oligopoly using the concentration ratio in the following four industries in the United States:

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Women's and girl's cut & sew ...