The Dynamics of Industrial Competition: A North American Perspective

The Dynamics of Industrial Competition: A North American Perspective

by JohnR.Baldwin (Author), TimDunne (Contributor), RichardE.Caves (Contributor), PaulGorecki (Author), JohnHaltiwanger (Contributor)

Synopsis

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.

$159.46

Quantity

20+ in stock

More Information

Format: Hardcover
Pages: 480
Publisher: Cambridge University Press
Published: 31 Mar 1995

ISBN 10: 0521465613
ISBN 13: 9780521465618

Media Reviews
...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