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    Defence procurement and industrial structure in the UK.

    Smith, Ron P. (1990) Defence procurement and industrial structure in the UK. International Journal of Industrial Organization 8 (2), pp. 185-205. ISSN 0167-7187.

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    Defence ministries, being monopsonists with considerable regulatory authority, have the power to shape the electronics, aerospace and engineering industries that supply them. This paper uses the U.K. experience to investigate whether and how the government should influence industrial structure. After reviewing market structure and policy it provides a quantitative measure of the impact of the new, more competitive, procurement practices on the size distribution of contracts and assesses the role of policy on the likely evolution of the structure of the European arms industry.


    Item Type: Article
    School: School of Business, Economics & Informatics > Economics, Mathematics and Statistics
    Depositing User: Sarah Hall
    Date Deposited: 10 Nov 2020 17:56
    Last Modified: 01 Dec 2021 16:31


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