The Dynamics of Industrial Competition: A North American Perspective
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The Dynamics of Industrial Competition: A North American Perspective

by John R. Baldwin, Paul Gorecki
     
 

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ISBN-10: 0521465613

ISBN-13: 9780521465618

Pub. Date: 10/28/2012

Publisher: Cambridge University Press

The Dynamics of Industrial Competition provides the first extensive quantitative examination of the processes associated with competition: entry and exit, mergers, growth and decline of incumbent firms. It uses a unique data base to investigate phenomena that have rarely been measured and even more rarely set side by side so as to provide a comprehensive

Overview

The Dynamics of Industrial Competition provides the first extensive quantitative examination of the processes associated with competition: entry and exit, mergers, growth and decline of incumbent firms. It uses a unique data base to investigate phenomena that have rarely been measured and even more rarely set side by side so as to provide a comprehensive picture of the intensity of competition and its effects on productivity, efficiency and profitability. It will be of interest to all social scientists who are concerned with the workings of markets—economists, political scientists, government specialists, as well as antitrust lawyers.

Product Details

ISBN-13:
9780521465618
Publisher:
Cambridge University Press
Publication date:
10/28/2012
Pages:
480
Product dimensions:
5.98(w) x 8.98(h) x 1.06(d)

Table of Contents

1. Introduction; 2. Firm turnover: Greenfield entry and closedown exit; 3. Entry: exit and the merger process; 4. The rise and fall of incumbent; 5. Patterns of large and small-firm mobility; 6. Plant turnover in Canada and the United States; 7. Measures of market structure and the intensity of competition; 8. The relationship between mobility and concentration; 9. Turnover and productivity growth; 10. Merger success; 11. Turnover in domestic and foreign enterprises; 12. Industry efficiency and firm turnover; 13. Firm turnover and profitability; Modeling entry; Conclusion.

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