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

The Dynamics of Industrial Competition: A North American Perspective


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About the Book

The Dynamics of Industrial Competition, first published in 1995, describes the internal dynamics of industries using longitudinal data that make it possible to track firms over time. It provides a comprehensive picture of a number of different aspects of firm turnover in North America that arise from the competitive process - the entry and the exit of firms, the growth and decline of incumbent firms, and the merger process. Instantaneous and cumulative measures of market dynamics are provided by examining change in both the short and the long run. Using various measures of firm turnover to proxy the amount of competition, the study examines and contextualizes the relationship between industry performance and the intensity of the competitive process.

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; 14. Modeling entry; 15. Conclusion; Appendix A. Measuring firm turnover - methodology; Appendix B. Definition of concentration and mobility measures; Notes; References; Author index; Subject index.

Review :
"...this pathbreaking study...sets out a new and compelling research agenda for understanding and analyzing industrial competition..." Journal of Economic Literature "...this pathbreaking study...sets out a new and compelling research agenda for understanding and analyzing industrial competition...By capturing the competitive process of firms and industries in motion, the author provides a new view of the organization of industries that boldly challenges the traditional view of static and stable industrial organization. Rather, Baldwin argues and compiles compelling evidence suggesting that change is the rule and stability the exception...John Baldwin has paved the way for future researchers..." Journal of Economic Litertature


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Product Details
  • ISBN-13: 9780521465618
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Height: 235 mm
  • No of Pages: 482
  • Returnable: N
  • Spine Width: 31 mm
  • Weight: 834 gr
  • ISBN-10: 0521465613
  • Publisher Date: 31 Mar 1995
  • Binding: Hardback
  • Language: English
  • Returnable: N
  • Returnable: N
  • Sub Title: A North American Perspective
  • Width: 160 mm


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