The Industrial Organization Vacuum in Australia*

Round, David K.

doi:10.1111/j.1475-4932.1974.tb01979.x

Cited by 11 publications

(3 citation statements)

References 72 publications

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“…Accounting for this divergence between Coles and Woolworths and the rest is complicated by lack of data. While there is a small body of scholarly work available (Humphrey, 1998;Brown, 1990, 229-256;Chow, 1991;Nayga Jr. and Riethmuller, 1995;Hubbard 1996aHubbard , 1996bTreadgold, 1996;Merrilees and Miller, 2001;Gottliebsen 2003aGottliebsen , 2003b, Government statistics do not permit Sources: Rows 1 and 2, Report by the Joint Senate Committee on the Retailing Sector (1999), Table 4.3, 43; Row 3, Wrigley (1992), Tables 2, 729; Row 4 Daniel and Hernandez (2008) Tables 4, 13, s 1 and 2, Row 5, Dobson et al (2003) Tables 1, 113 and Tables 3, 116; Row 6, Wrigley (1992), Tables 4, 729. analysis at the firm level (Round, 1974). Archival material is not available for either Coles or Woolworths.…”

Section: Data Limitationsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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The Making of Australia's Supermarket Duopoly, 1958–2000

Merrett

2019

Aust Econ Hist Rev

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Australian supermarkets had one of the highest levels of concentration among developed economies by 2000. This paper explores the making of a duopoly comprising Coles and Woolworths. We present historical data on market shares in Australia and international comparisons for around 2000. We identify the evolution of their dynamic capabilities through the lens of Teece, Pisano and Shuen's positions, paths and processes (1997). The industrial organisation literature stresses interaction become rivals, notably pre-emptive strategies including sunk costs (Lee and Ng 2007; Sutton 1991). We argue that the development of dynamic capabilities enabled the execution of various pre-emptive strategies.

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Section: Data Limitationsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The Making of Australia's Supermarket Duopoly, 1958–2000

Merrett

2019

Aust Econ Hist Rev

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“…Again, most were at the sector-wide level. For example, Round (1975) found an insigni¢cant relationship between average industry pro¢t and concentration in 33 Australian manufacturing industries. However, his ¢ndings also gave support to the hypothesis that, in any particular industry, rates of return were higher in large ¢rms because of greater e¤ciency, rather than collusive conduct or abuse of market power.…”

Section: Traditional Structure^conduct^performance Studiesmentioning

confidence: 99%

Competition in the food marketing chain

Griffith

2000

Aus J Agri & Res Econ

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Competition in the Australian food marketing chain is of continuing concern, but little evidence is available to guide policy debate. In a search for broad guidelines, the theoretical and empirical evidence is reviewed and the recent report of the Joint Select Committee on the Retailing Sector is examined. Then publicly available data on several food groups are used to test for evidence of persistent market power. The purchasing behaviour of the grains and oilseeds processing sector is found to warrant more detailed attention. A possible research agenda and a call for greater attention to data requirements complete the article.

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Editorial Introduction

Round¹

1994

Studies in Industrial Organization

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The Industrial Organization Vacuum in Australia*

Cited by 11 publications

References 72 publications

The Making of Australia's Supermarket Duopoly, 1958–2000

The Making of Australia's Supermarket Duopoly, 1958–2000

Competition in the food marketing chain

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