Market Structure and Minority Presence: Black-Owned Firms in Manufacturing
- 1 March 1986
- journal article
- Published by SAGE Publications in The Review of Black Political Economy
- Vol. 14 (4) , 79-89
- https://doi.org/10.1007/bf02903793
Abstract
This study uses a market structure framework to analyze the presence of black-owned businesses in manufacturing sectors of the U.S. economy in 1972. Tobit analysis reveals that black-owned firms tend to be concentrated in those industries with a relatively large small-business presence. High advertising expenditures are a significant barrier to black presence in a given industry. The amount of government purchases from an industry is found to have no significant relationship to black presence.Keywords
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