Global integration [is not equal to] global concentration
by Pankaj Ghemawat
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There is a widespread belief that increases in the cross-border integration of markets are associated with increases in global concentration along various dimensions. This article reviews the available evidence and presents new data indicating that increasing global integration has not been accompanied by general increases in four types of global concentration measures: industry seller concentration, cross-industry superconcentration, national/regional hegemony, and geographic concentration. The article also discusses the possible causes and consequences of a systematic bias towards believing in increasing concentration, as well as some practical remedies.
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Global integration [is not equal to] global concentration
2005, Division of Research, Harvard Business School
in English
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Edition Notes
On t.p. "[is not equal to] " appears as a the mathematical symbol for not equal to.
"December 2002, Rev. March 2004, Rev. May 2005."
Includes bibliographical references.
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