The Structure Performance Hypothesis and The Efficient Structure Performance Hypothesis-Revisited: The Case of Agribusiness Commodity and Food Products Truck Carriers in the South
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Two competing hypotheses on market structure and performance of firms are the traditional structure-conduct-performance (SCP) paradigm and the efficiency structure hypothesis. This paper reveals the profits made by firms in the trucking industry were because of greater efficiencies than their competitors and not because of collusive activities.