Abstract
This paper investigates several structural elements of the American book publishing industry in order to resolve two conflicting viewpoints advanced by publishing figures regarding intra-industry competition. The evidence presented indicates that the minimum optimal production scale (0.30 to 0.70 percent of industry's employment) is too small to obstruct entry, to preclude the existence of a large number of publishers, and to foreclose from it a high degree of competition.
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Szenberg, M., Lee, E.Y. The structure of the American book publishing industry. J Cult Econ 18, 313–322 (1994). https://doi.org/10.1007/BF01079762
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DOI: https://doi.org/10.1007/BF01079762