Industrial Concentration and InflationAmerican Enterprise Institute for Public Policy Research, 1975 - 55 páginas Industrial economics pamphlet exploring the relationship between size of enterprise and inflation in the USA - refutes economic theory claiming industrial concentration to be a source of inflation, and concludes that deconcentration would have negative effects. |
Términos y frases comunes
aggregate demand American Enterprise Institute Armen Alchian atomistic industries atomistic sellers AVERAGE ANNUAL PERCENTAGE Bureau of Labor Business Pricing Policies cabinet committee study capital catch-up effect Census centrated computed concen concentrated industries CONCENTRATION AND INFLATION consumer cost variables Dalton deconcentration dependent variable Economic effect for concentration evidence Federal Reserve firms four-digit SIC industries four-firm concentration ratio Gardiner Means high concentration groups industrial concentration industry price inflationary insignificant effect James Dalton Labor Statistics lag and catch-up levels of concentration Lustgarten Market Structure mills oligopolistic oligopoly output percent Philip Hart Phlips Policies and Inflation price behavior price increases price rise Price Stability raise prices rate of price regression equations result rigid prices Sellekaertes steel Stigler Table A-1 Table B-1 continued theory tion U.S. Bureau U.S. Congress U.S. Government Printing unit labor cost Unweighted cost wage increases wage rates weighted Weiss wholesale price index Yale Brozen