Using empirical data from the supply chain of aerospace, beverages and retail this text develops an original framework, the 'cascade effect', to explain changes in industrial concentration. This provides an original insight into the determinants of industrial structure and has vital implications for firms and policy-makers in developing countries.
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PETER NOLAN is Sinyi Professor of Chinese Management at Judge Business School, University of Cambridge, UK.
ZHANG JIN is University Lecturer in International Business at the Judge Buisness School, University of Cambridge, UK.
CHUNHANG LIU is Director of the China Industry Development Research Centre at Peking University, China.
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