The Dynamics of Industrial Competition
A North American Perspective
Published on 13. September 1998
Book
Paperback/Softback
484 pages
978-0-521-63357-4 (ISBN)
Description
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.
Reviews / Votes
"...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 LitertatureMore details
Language
English
Place of publication
Cambridge
United Kingdom
Target group
Professional and scholarly
Product notice
Paperback (trade)
Illustrations
Worked examples or Exercises
Dimensions
Height: 234 mm
Width: 156 mm
Thickness: 26 mm
Weight
728 gr
ISBN-13
978-0-521-63357-4 (9780521633574)
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Schweitzer Classification
Other editions
Additional editions
Book
03/1995
Cambridge University Press
€163.90
Shipment within 15-20 days
Persons
Content
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.