The Dynamics Of Firm Turnover And The Competitive Process

Author : John R. Baldwin,Paul Gorecki
Publisher : Cambridge University Press
Page : 484 pages
File Size : 49,5 Mb
Release : 1998-09-13
Category : Business & Economics
ISBN : 0521633575

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The Dynamics of Industrial Competition by John R. Baldwin,Paul Gorecki Pdf

The Dynamics of Industrial Competition describes the internal dynamics of industries using new and unique longitudinal data that make it possible to track firms over time. It provides a comprehensive picture of a number of aspects of firm turnover in North America that arise from the competitive process - the entry and the exit of firms, the growth and the decline of incumbent firms, and the merger process. Instantaneous and cumulative measures of market dynamics are provided. Since the forces contributing to competition are varied and industries are affected by heterogeneous forces, different aspects of firm turnover are considered in order to provide a comprehensive overview of the competitive process. Entry is divided into that portion coming from the creation of new plants and that portion arising from the acquisition of existing firms. Differences are drawn between the effects of related and unrelated acquisitions and between the effects of take-overs made by domestic and foreign firms. Differences between large- and small-firm activity are also investigated. The effects of turnover on productivity, efficiency, wage rates, and profitability are extensively model led. 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.

Author : Baisham Chatterjee
Publisher : iUniverse
Page : 130 pages
File Size : 50,8 Mb
Release : 2009-08
Category : Business & Economics
ISBN : 9781440169182

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Reconstructing Competition and Its Processes by Baisham Chatterjee Pdf

This book is a collection of all abrupt and different ideas collected from the 1960s,1970s HBS articles and books and they have been reconstructed to given a much sharper focus by bringing out the modern idea and collecting from places that can provide sharper ideas on innovation and competition. The models and diagrams are all self created with my own ideas from an understanding of previous concepts and concepts in books and HBS articles. The last chapter is a collection of data and modern information from MIT videos on energy/environment.

Author : Anna Ferragina,Erol Taymaz,Kamil Yilmaz
Publisher : Routledge
Page : 405 pages
File Size : 42,5 Mb
Release : 2014-03-14
Category : Business & Economics
ISBN : 9781317810230

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Innovation, Globalization and Firm Dynamics by Anna Ferragina,Erol Taymaz,Kamil Yilmaz Pdf

This book is about the relationship between firm dynamics, innovation and globalization, the processes that are essential for long term economic growth and welfare creation. This volume deals with these three issues in three sections titled respectively: entrepreneurship, new firm formation and growth; productivity-innovation-growthnexus; globalization, multinational firms and producers’ dynamics. The book presents new studies written by distinguished researchers in the field, who use state-of-the-art methodologies and extensive sources of firm- and plant-level longitudinal data to analyze and understand these major economic issues facing modern economies. In the first section, the book proposes two comprehensive introductory surveys which explore in detail the underpinnings of entrepreneurship, new firm formation and growth in advanced and developing countries. The second fundamental issue, productivity-innovation and firm dynamics, is approached by examining key drivers of selection mechanisms such as size, scale elasticity, innovative efforts, financial fragility of the firms, barriers to entry and exit, capital and financial market distortions, institutional inefficiencies and other market imperfections which affect the ability of firms to expand or enter. The third section examines differences, linkages and intertwined evolution of foreign and domestic firms in their dynamics of survival and growth in different institutional contexts and periods. Each chapter includes a detailed discussion of the implications of the respective analyses for enterprise policy. In a concluding chapter the overall implications for enterprise policy of the analyses presented in the different chapters are drawn by the Editors. This approach ensures that the book is integrated around a coherent central theme in comprehensive framework. The book responds to a growing concern among scholars, professionals, and policy makers over the recent decades about firm ability to survive and compete in a context of increasing globalization and international competition. The approach adopted is both theoretical and empirical with consideration of paradigmatic case studies in Europe, Africa and Asia, providing new evidence on developed, developing and transition economies in a comparative perspective. The cases selected represent different levels of development, different firms strategies and paths, with distinct outcomes. The book is an essential reading for scholars and students concerned with industry development, public policy and globalization, as well as to all those involved professionally in such issues.

Author : Simon Peck,Paul Temple
Publisher : Taylor & Francis
Page : 494 pages
File Size : 53,7 Mb
Release : 2002
Category : Business & Economics
ISBN : 0415226279

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Mergers and Acquisitions: Performance consequences by Simon Peck,Paul Temple Pdf

This set includes articles from the four main fields which have influenced the study of Mergers and Acquisitions: Economics, Finance, Strategic Management and Human Resource Management. Featuring the key papers by individuals who shaped the field, the collection presents these formative pieces in thematically grouped sections, including coverage of: * Perspectives on the modern business corporation and the role of mergers and acquisitions: historical, financial, strategic and management * Causes of mergers and acquisitions activity * Performance impact of mergers and acquisitions activity * Public policy and the corporation The set features a comprehensive index and original introductory material.

Author : Anonim
Publisher : Unknown
Page : 908 pages
File Size : 41,9 Mb
Release : 1985
Category : Census
ISBN : MINN:30000001679038

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Proceedings by Anonim Pdf

Author : David G. Mayes
Publisher : Cambridge University Press
Page : 418 pages
File Size : 47,7 Mb
Release : 1996-03-21
Category : Business & Economics
ISBN : 0521554373

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Sources of Productivity Growth by David G. Mayes Pdf

Over the past few decades there have been surges in productivity in a number of countries, in particular in the UK under the Thatcher government. Explanations of these changes have not been satisfactory. This compelling 1996 book examines the data relating to these changes at an individual establishment level. Chapters cover the UK, the USA, Canada, Japan, Australia, Belgium, Norway and Sweden, and comparisons also include Germany and the Netherlands. Using a variety of the most up-to-date methods of analysis, the contributors show that there is no single simple explanation. Changes in competitive conditions, skills, innovation and the growth of small firms all have their part to play, as does the widespread closure of the least productive establishments.

Author : Anonim
Publisher : Unknown
Page : 836 pages
File Size : 53,8 Mb
Release : 1992
Category : Social sciences
ISBN : WISC:89040783839

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Statistical Journal of the United Nations Economic Commission for Europe by Anonim Pdf

Author : Manfred Neumann,Jürgen Weigand
Publisher : Edward Elgar Publishing
Page : 431 pages
File Size : 41,8 Mb
Release : 2013-01-01
Category : Law
ISBN : 9781849806060

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The International Handbook of Competition by Manfred Neumann,Jürgen Weigand Pdf

ÔThis comprehensive Handbook demonstrates that academic thinking, new and old, has a role to play in shaping modern competition policy.Õ Ð Gunnar Niels, Oxera This indispensable Handbook examines the interface of competition policy, competition law and industrial economics. The book aims to further our understanding of how economic reasoning and legal expertise complement each other in defining the fundamental issues and principles in competition policy. In specially commissioned chapters the book provides a scholarly review of economic theory, empirical evidence and standards of legal evaluation with respect to monopolization of markets, exploitation of market power and mergers, among other issues. The International Handbook of Competition Ð Second Edition will be accessible to a wide audience including students of economics and law, public administrators, lawyers, consultants, and business executives.

Author : Uwe Cantner,Jean-Luc Gaffard,Lionel Nesta
Publisher : Springer Science & Business Media
Page : 450 pages
File Size : 41,6 Mb
Release : 2009-07-25
Category : Business & Economics
ISBN : 9783540937777

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Schumpeterian Perspectives on Innovation, Competition and Growth by Uwe Cantner,Jean-Luc Gaffard,Lionel Nesta Pdf

Recent developments in economics have gone from the recognition of the importance of innovation for growth and the exploration of innovation mechanisms to the incorporation of the results of the previous research into economic models. An important lesson to be drawn from all this research is that a purely macro-based analysis of growth is not enough. The various mechanisms of innovation creation and diffusion, the importance of agent heterogeneity, of market selection processes, of the internal organization of the firm and of organizational routines, and the obsolescence and the consequent emergence of new types of capital goods are a few examples of micro-economic phenomena that contribute decisively to macro-economic development. The papers in this volume approach those issues from a Schumpeterian point of view and tackle issues like the growing importance of knowledge and human capital; increasing returns and path dependence; the role of variety in economic growth; competition and industry evolution.

Author : Kai Hüschelrath
Publisher : Springer Science & Business Media
Page : 532 pages
File Size : 49,7 Mb
Release : 2008-09-08
Category : Political Science
ISBN : 9783790820904

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Competition Policy Analysis by Kai Hüschelrath Pdf

Competition policy is an integral and prominent part of economic policy-making in the European Union. The EU Treaty prescribes its member states to conduct economic policy ‘in accordance with the principle of an open market economy with free competition’. More precisely, the goal of EU competition policy is “to defend and develop effective competition in the common market” (European Commission, 2000: 7). Under its Commissioners van Miert, Monti and, most - cently, Kroes the EU Commission has stepped up its effort to pursue and achieve the aforementioned goal. A number of so-called hard-core cartels, such as the - torious “vitamin cartel” led by Roche, have been detected, tried in violation of Art. 81 of the Maastricht Accord and punished with severe fines. Also Microsoft was hit hard by the strong hand of the Commission having been severely fined for - ploiting a dominant market position. Economic analysis has been playing an increasingly significant role in the Commission’s examination of competition law cases. This holds true in particular for merger control. Here, however, the Commission has had to accept some poi- ant defeats in court, such as the Court’s reversals of Airtours-First Choice or GE- Honeywell. Among other things, the European Court of Justice found the e- nomic analysis as conducted by the EU’s Directorate General for Competition to be flawed and the conclusions drawn not to be convincing. These rejections by the courts have stirred up the scholarly debate on the conceptual foundations of Eu- pean competition policy.

Author : Mariana Mazzucato
Publisher : Edward Elgar Publishing
Page : 168 pages
File Size : 45,7 Mb
Release : 2000-01-01
Category : Business & Economics
ISBN : 1781952817

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Firm Size, Innovation, and Market Structure by Mariana Mazzucato Pdf

The book begins by reviewing the connection between firm size, innovation and market structure from a theoretical and an empirical point of view, with emphasis on the 'complexity' that defines this relationship. It then goes on to build an evolutionary model which explores different Schumpeterian propositions regarding the positive and negative feedback between firm size and innovation as well as the role of idiosyncratic random events on industry market structure. The concluding chapter uses 100 years in the history of the US automobile industry to explore the relationship between market share instability and stock price volatility and the degree to which this relationship is connected to industry specific factors. This innovative new book will prove invaluable to researchers, lecturers and scholars of industrial organisation, technology and market structure.

Author : Myong-Hun Chang
Publisher : Routledge
Page : 159 pages
File Size : 43,6 Mb
Release : 2015-01-09
Category : Business & Economics
ISBN : 9781134582778

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A Computational Model of Industry Dynamics by Myong-Hun Chang Pdf

The economics literature on industry dynamics contains a wide array of empirical works identifying a set of stylized facts. There have been several attempts at constructing analytical models to explain some of these regularities. These attempts are highly stylized and limited in scope to keep the analyses tractable. A general model of industry evolution capable of generating firm and industry behaviour that can match the data is needed. This book endeavours to explain many well-documented aspects of the evolution of industries over time. It uses an agent-based computational model in which artificial industries are created and grown to maturity in silico. While the firms in the model are assumed to have bounded rationality, they are nevertheless adaptive in the sense that their experience-based R&D efforts allow them to search for improved technologies. Given a technological environment subject to persistent and unexpected external shocks, the computationally generated industry remains in a perennial state of flux. The main objective of this study is to identify patterns that exist in the movements of firms as the industry evolves over time along the steady state in which the measured behaviour of the firms and the industry stochastically fluctuate around steady means. The computational model developed in this book is able to replicate many of the stylized facts from the empirical industrial organization literature, particularly as the facts pertain to the dynamics of firm entry and exit. Furthermore, the model allows examination of cross-industry variations in entry and exit patterns by systematically varying the characteristics of the market and the technological environment within which the computationally generated industry evolves. The model demonstrates that the computational approach based on boundedly rational agents in a dynamic setting can be useful and effective in carrying out both positive and normative economic analysis.

Author : Richard R. Nelson,Giovanni Dosi,Constance E. Helfat,Andreas Pyka,Sidney G. Winter
Publisher : Cambridge University Press
Page : 285 pages
File Size : 51,8 Mb
Release : 2018-05-03
Category : Business & Economics
ISBN : 9781108427432

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Modern Evolutionary Economics by Richard R. Nelson,Giovanni Dosi,Constance E. Helfat,Andreas Pyka,Sidney G. Winter Pdf

Presents the evolutionary perspective of the economy as perpetually moving, driven by innovation, and the empirical research this has guided.

Author : Hania Sahnoun,Philip Keefer,Marc Schiffbauer,Abdoulaye Sy,Sahar Hussain
Publisher : World Bank Publications
Page : 210 pages
File Size : 44,6 Mb
Release : 2014-11-18
Category : Business & Economics
ISBN : 9781464804069

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Jobs or Privileges by Hania Sahnoun,Philip Keefer,Marc Schiffbauer,Abdoulaye Sy,Sahar Hussain Pdf

Policies that constrain private sector competition and job creation abound in MENA. Such policies are often captured by few privileged firms with deep political connections. The millions of workers who bear the brunt are often unaware of the adverse impact of these policies on the jobs to which they aspire.

Author : Anonim
Publisher : Unknown
Page : 944 pages
File Size : 43,8 Mb
Release : 1996
Category : Electronic
ISBN : UTEXAS:01677187

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International Journal of Industrial Organization by Anonim Pdf