Arbeitspapier
Production structure, output and profits - A note
This paper argues that the case of product differentiation of concentrated markets (i.e., innovation competition) is one where production per unit of profit of non-financial corporations is lower than in competitive mass production and profit share is not an increasing function of capacity utilisation. Rather the desired excess capacity is higher compared since the break-even point where total costs and revenues equalize tends to be lower. The argument is supported with descriptive annual data for the period 1947-2019 in the USA.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZÖSS Discussion Paper ; No. 88
- Klassifikation
-
Wirtschaft
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
General Aggregative Models: Keynes; Keynesian; Post-Keynesian
Production, Pricing, and Market Structure; Size Distribution of Firms
- Thema
-
product differentiation
market structure
capacity utilisation
profits
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dögüs, Ilhan
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität Hamburg, Zentrum für Ökonomische und Soziologische Studien (ZÖSS)
- (wo)
-
Hamburg
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Dögüs, Ilhan
- Universität Hamburg, Zentrum für Ökonomische und Soziologische Studien (ZÖSS)
Entstanden
- 2021
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