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The Source market performance in Indonesia's Manufacturing industry
Oleh:
Aswicahyono, Haryo
;
Anas, Titik
;
Ardiyanto, Dionisius
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
The Indonesian Quarterly vol. 29 no. 01 (2001)
,
page 31-42.
Topik:
Indonesia's Manufacturing industry
;
Manufacturing industry
;
Indonesia
Ketersediaan
Perpustakaan PKPM
Nomor Panggil:
I19
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Prior to the enactment of competition law and the establishment of competition commission, much has been debated about competition policy. Two major views emerged from such debate. The first one tends to interpret the high level of concentration and profitability as indicators of the presence and abuse of market power (market power hypothesis). The other one translates both concentration and profitability as measures of firms's, which in turn relflects consumer satisfaction (efficiency hypothesis). The article examine the determinants of market performance of the Indonesian manufacturing industry based on the two hypotheses. The empirical studies support both the efficiency and market power hypothesis. The authors, however, suggested a stronger support for eficiency hypothesis than that of market power hypothesis. The findings indicate the blanket deconcentration is not approriate. But by the same token, a permissive attitude towards strategies designed to maintain dominant position is not appropriate either.
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