Accession Number : ADP002810

Title :   Large Firm Efficiency, Concentration, and Profitability in Defense Markets,

Corporate Author : AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH

Personal Author(s) : Allen,R. F.

Report Date : 1983

Pagination or Media Count : 7

Abstract : This paper attempts to quantify the relative impacts of large firm efficiency and market power on profit margins in defense industries. The methodology employs a direct measure of firm efficiency together with a conventional measure of market power. Large firm efficiency and the effective use of market power appear to be generally present in industries characterized by decreasing costs. However, the basic defense industries - aircraft, missiles, ordnance, and shipbuilding - are notable for the absence of large firm efficiency and the absence of effective use of market power by leading firms. (Author)

Descriptors :   *Government procurement, *Market research, Economics, Contracts, Contract administration, Management planning and control, Industries, Manufacturing, Variables, Profits, Efficiency, Operational effectiveness, Symposia

Distribution Statement : APPROVED FOR PUBLIC RELEASE