期刊名称：South-Eastern Europe Journal of Economics (SEEJE)
印刷版ISSN：1109-8597
电子版ISSN：1792-3115
出版年度：2004
卷号：2
期号：1
出版社：Association of Economic Universities of South and Eastern Europe and the Black Sea Region
摘要：Empirical studies in Industrial Economics have shown that most industries are characterized by the co-existence of a small number of large firms and a large number of small firms. According to a recent line of thought, the theory of strategic niches, small firms do not directly compete with large firms but prefer to occupy fringe markets, where they can achieve high profits. In this paper we test this hypothesis by comparing the relative specialization of small and large firms (measured by a novel variation of the well-known Balassa index) in Greek manufacturing. The results suggest that, contrary to the above-mentioned theory, on average it is large firms that choose to produce in product niches, and this is especially noticeable in industries with low concentration.
