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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Trends in economic concentration in South Africa
Authors:Fourie, F.C.v.N.ISNI
Smit, M.R.ISNI
Periodical:South African Journal of Economics
Geographic term:South Africa
Subject:economic concentration
External link:https://doi.org/10.1111/j.1813-6982.1989.tb00195.x
Abstract:This paper examines the question of whether there is a tendency towards increased concentration of economic power in South Africa which may threaten 'effective competition'. Pathbreaking work on the measurement of economic concentration was done by P.G. Du Plessis (1977, 1978). This paper builds on and extends the Du Plessis study in two directions. Firstly, measures of concentration are calculated for a period spanning the decade from 1972 to 1982. This gives a first glimpse of any long-term trend in concentration. Secondly, for the first time the openness of the South African economy is taken explicitly into account in that import-adjusted concentration figures are calculated as well. The study is limited to the manufacturing sector. The conclusion is that economic concentration in the South African economy is high and increasing. App., bibliogr., notes, ref.