We investigate the effect of industrial concentration on productivity growth, a proxy for innovation, in the U.S. food industries. Here, we search for a possible critical level of concentration, i.e., the inverted-U hypothesis beyond which its relationship with productivity can turn negative....

This manuscript focuses on the productivity-industrial concentration relationship in the US manufacturing industries, while accounting for external and internal sources of knowledge. It is found that there is a critical level of industrial concentration beyond which its relationship with...

We investigate the effect of industrial concentration on productivity growth, a proxy for innovation, in the U.S. food industries. Here, we search for a possible critical level of concentration, i.e., the inverted-U hypothesis beyond which its relationship with productivity can turn negative....