The Evolution and Structure of the Two Wheeler Industry in India | Zendy

Sunila George | Zendy; Raghbendra Jha | Zendy; Hari K. Nagarajan | Zendy

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The Evolution and Structure of the Two Wheeler Industry in India

Author(s) -

Sunila George,

Raghbendra Jha,

Hari K. Nagarajan

Publication year - 2000

Publication title -

ssrn electronic journal

Language(s) - English

Resource type - Journals

ISSN - 1556-5068

DOI - 10.2139/ssrn.239809

Subject(s) - oligopoly , convergence (economics) , concordance , rank (graph theory) , conditional convergence , market structure , industrial organization , economics , index (typography) , economic geography , mathematics , mathematical economics , computer science , economic growth , combinatorics , medicine , cournot competition , world wide web

This paper studies the evolution of the competitive structure of the two-wheeler industry in India. The evolution of the industry's competitive structure is traced using Kendall's Index of Rank Concordance and the Evans-Karras test of convergence. The industry seems to be characterized by oligopoly with the onset of economic reforms not making much difference to industrial structure. Convergence of sales and capacity at the level of the industry is conditional while it is absolute at the level of the segment.

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