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Markup and market power in the Malaysian manufacturing industries.

This article examines the market power in 3-digit Malaysian manufacturing industries, using cross-sectional data. Measure of market power is one of the primary concerns of industrial organization economics, because it can provide valuable information for the design of public policy towards monopoly...

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Main Authors: Hassan, Azman, Samsi, Aznita, Law, Siong Hook, Mohamed Noor, Norashidah
Format: Article
Language:English
Published: IUP Publications 2008
Online Access:http://psasir.upm.edu.my/id/eprint/15552/1/Markup%20and%20market%20power%20in%20the%20Malaysian%20manufacturing%20industries.pdf
http://psasir.upm.edu.my/id/eprint/15552/
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spelling my.upm.eprints.155522015-09-17T00:19:47Z http://psasir.upm.edu.my/id/eprint/15552/ Markup and market power in the Malaysian manufacturing industries. Hassan, Azman Samsi, Aznita Law, Siong Hook Mohamed Noor, Norashidah This article examines the market power in 3-digit Malaysian manufacturing industries, using cross-sectional data. Measure of market power is one of the primary concerns of industrial organization economics, because it can provide valuable information for the design of public policy towards monopoly and anti-competitive parties. Markup ratio of price over marginal cost is an indicator for assessing the degree of market power. Hall's model was applied to document the disparity between price and marginal cost. The results indicated that the Malaysian manufacturing industries at 3-digit level have market power, and are thus in need of a competitive policy to check the abuse of market power. IUP Publications 2008-11 Article NonPeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/15552/1/Markup%20and%20market%20power%20in%20the%20Malaysian%20manufacturing%20industries.pdf Hassan, Azman and Samsi, Aznita and Law, Siong Hook and Mohamed Noor, Norashidah (2008) Markup and market power in the Malaysian manufacturing industries. ICFAI Journal of Industrial Economics, 5 (4). pp. 28-36. ISSN 0972-9208
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description This article examines the market power in 3-digit Malaysian manufacturing industries, using cross-sectional data. Measure of market power is one of the primary concerns of industrial organization economics, because it can provide valuable information for the design of public policy towards monopoly and anti-competitive parties. Markup ratio of price over marginal cost is an indicator for assessing the degree of market power. Hall's model was applied to document the disparity between price and marginal cost. The results indicated that the Malaysian manufacturing industries at 3-digit level have market power, and are thus in need of a competitive policy to check the abuse of market power.
format Article
author Hassan, Azman
Samsi, Aznita
Law, Siong Hook
Mohamed Noor, Norashidah
spellingShingle Hassan, Azman
Samsi, Aznita
Law, Siong Hook
Mohamed Noor, Norashidah
Markup and market power in the Malaysian manufacturing industries.
author_facet Hassan, Azman
Samsi, Aznita
Law, Siong Hook
Mohamed Noor, Norashidah
author_sort Hassan, Azman
title Markup and market power in the Malaysian manufacturing industries.
title_short Markup and market power in the Malaysian manufacturing industries.
title_full Markup and market power in the Malaysian manufacturing industries.
title_fullStr Markup and market power in the Malaysian manufacturing industries.
title_full_unstemmed Markup and market power in the Malaysian manufacturing industries.
title_sort markup and market power in the malaysian manufacturing industries.
publisher IUP Publications
publishDate 2008
url http://psasir.upm.edu.my/id/eprint/15552/1/Markup%20and%20market%20power%20in%20the%20Malaysian%20manufacturing%20industries.pdf
http://psasir.upm.edu.my/id/eprint/15552/
_version_ 1643825963079827456
score 13.211869

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