The Dynamics of Entry, Exit and Profitability
Author: Martin Carree
Publisher:
Published: 1993
Total Pages: 34
ISBN-13:
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Dynamics of Entry and Market Evolution
Author: J. K. Sengupta
Publisher: Springer
Published: 2007-05-16
Total Pages: 161
ISBN-13: 0230211011
DOWNLOAD EBOOKThis book discusses both competitive and game theory models of industry growth through new technology, innovations and new entry, and provides a comprehensive treatment of various dynamic models of entry, applications of efficiency and entry models in computers and the pharmaceuticals industry, and applied models of Differential Games.
The Dynamics of Industrial Competition
Author: John R. Baldwin
Publisher: Cambridge University Press
Published: 1998-09-13
Total Pages: 484
ISBN-13: 9780521633574
DOWNLOAD EBOOKThe 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.
What is the Impact of Increased Business Competition?
Author: Sónia Félix
Publisher: International Monetary Fund
Published: 2019-12-13
Total Pages: 57
ISBN-13: 1513521519
DOWNLOAD EBOOKThis paper studies the macroeconomic effect and underlying firm-level transmission channels of a reduction in business entry costs. We provide novel evidence on the response of firms' entry, exit, and employment decisions. To do so, we use as a natural experiment a reform in Portugal that reduced entry time and costs. Using the staggered implementation of the policy across the Portuguese municipalities, we find that the reform increased local entry and employment by, respectively, 25% and 4.8% per year in its first four years of implementation. Moreover, around 60% of the increase in employment came from incumbent firms expanding their size, with most of the rise occurring among the most productive firms. Standard models of firm dynamics, which assume a constant elasticity of substitution, are inconsistent with the expansionary and heterogeneous response across incumbent firms. We show that in a model with heterogeneous firms and variable markups the most productive firms face a lower demand elasticity and expand their employment in response to increased entry.
Producer Dynamics
Author: Timothy Dunne
Publisher: University of Chicago Press
Published: 2009-05-15
Total Pages: 623
ISBN-13: 0226172570
DOWNLOAD EBOOKThe Census Bureau has recently begun releasing official statistics that measure the movements of firms in and out of business and workers in and out of jobs. The economic analyses in Producer Dynamics exploit this newly available data on establishments, firms, and workers, to address issues in industrial organization, labor, growth, macroeconomics, and international trade. This innovative volume brings together a group of renowned economists to probe topics such as firm dynamics across countries; patterns of employment dynamics; firm dynamics in nonmanufacturing industries such as retail, health services, and agriculture; employer-employee turnover from matched worker/firm data sets; and turnover in international markets. Producer Dynamics will serve as an invaluable reference to economists and policy makers seeking to understand the links between firms and workers, and the sources of economic dynamics, in the age of globalization.
The Routledge Companion to the Makers of Modern Entrepreneurship
Author: David B. Audretsch
Publisher: Taylor & Francis
Published: 2016-09-13
Total Pages: 301
ISBN-13: 1317561716
DOWNLOAD EBOOKOnce relegated to the dusty shelves of ancient muses, research and scholarship on entrepreneurship has exploded as a field of research, with impactful additions from a range of disciplines rendering the field a tricky one to traverse. The Routledge Companion to the Makers of Modern Entrepreneurship offers a comprehensive guide to entrepreneurship, providing an authoritative exploration of the key people and their ideas. This book tells the stories of the scholars who have set the standard and tone for thinking and analysing entrepreneurship. Edited by two of the world’s leading entrepreneurship scholars, this comprehensive volume offers a platform for understanding and future research that is both state-of-the-art and authoritative. It expands on how modern entrepreneurship has developed, with a focus on the key "makers" of the field – including theories, such as social psychology; concepts, such as neuroeconomics; and types, such as political entrepreneurship. The contributions to the collection are grouped into three sections: Emergence of Entrepreneurship Research Theories in Modern Entrepreneurship Concepts and Makers in Modern Entrepreneurship This companion is essential reading for students and academics interested in entrepreneurship, entrepreneurial management and business management.
Market Evolution
Author: Arjen van Witteloostuijn
Publisher: Springer Science & Business Media
Published: 2013-03-09
Total Pages: 354
ISBN-13: 9401584281
DOWNLOAD EBOOKMarket Evolution: Competition and Cooperation is a selection of papers presented at the recent meeting of the European Association of Research in Industrial Economics (EARIE). The volume brings together twenty high-quality papers reflecting frontier research in modern industrial organization. The contributions cover a broad spectrum of increasing theoretical, empirical and policy issues, including analyses of the nature of the firm, product differentiation, research and development, strategic alliances, information sharing in the banking sector, exchange rate pass-through in international competition, labor unionization and product rivalry, buyer-supplier bargaining, multimarket competition and related entry, entry and exit processes, multinational enterprises in the Third World, European integration and the restructuring of Eastern Europe. From a theoretical perspective, many chapters apply game theory to the analysis of firm behaviors and market competition. Moreover, a large number of the studies contain a significant empirical part, mainly by employing econometric techniques, to test the hypotheses derived from modern industrial organization theories. Data from Belgium, Germany, the Netherlands, Portugal, the United Kingdom and the European Union are presented and analyzed.
Smart Transport Networks
Author: Thomas Vanoutrive
Publisher: Edward Elgar Publishing
Published: 2013-01-01
Total Pages: 289
ISBN-13: 1782548335
DOWNLOAD EBOOKThis very interesting book with peer-reviewed chapters written by leading researchers in the field discusses recent research in the areas of market structure, sustainability and decision-making. It includes several contemporary topics, such as changes in port competition, adaptation of transport to climate change, changing market structures, the importance of changing consumers preferences, errors in forecasting, and trends in international goods transport. Bert van Wee, Delft University of Technology, The Netherlands Transport is debated by many, and liberalization processes, transport policy, transport and climate change and increased competition between transport modes are the subject of heated discussion. Smart Transport Networks illustrates that whether concerning road, water, rail or air, knowledge on the structure of transport markets is crucial in order to tackle transport issues. The book therefore explores key factors concerning the structure of transport markets, their environmental impact, and questions why decision makers often fail to tackle transport-related problems. Three of the key factors that underpin the relationship between transport and society are analysed in detail from a variety of perspectives, each with an empirical focus: market structure and the allocation mechanisms at work; sustainability, encompassing the characteristics of the physical environment, the availability of natural resources and the effects of transport activities; and decision making, detailing transport policy and attempts to change transport systems. Practical guidelines on how to effectively deal with complex transport issues are also presented. This book will prove an important resource read for academics, researchers, and students with an interest in economics particularly transport and public sector economics, geography and regional and urban studies. Policy makers and planners in the fields of transport, environment and regional planning will also find this book to be an invaluable reference tool.
Modern Principles of Economics
Author: Tyler Cowen
Publisher: Macmillan
Published: 2009-10-09
Total Pages: 850
ISBN-13: 1429202270
DOWNLOAD EBOOKFrom the authors:See the Invisible Hand. Understand Your World. That's the tagline of Modern Principles and our teaching philosophy. Nobel laureate Vernon Smith put it this way: At the heart of economics is a scientific mystery… a scientific mystery as deep, fundamental and inspiring as that of the expanding universe or the forces that bind matter… How is order produced from freedom of choice? We want students to be inspired by this mystery and by how economists have begun to solve it. Thus, we show how markets interconnect and respond in surprising ways to changes in resources and preferences. Consider, for example, how markets respond to a reduction in the supply of oil. Of course, the price of oil increases giving consumers an incentive to use less and suppliers an incentive to discover more. But an increase in the price of oil also encourages Brazilian sugar cane farmers to devote more of their production to ethanol and less to sugar thereby driving up the price of sugar. An increase in the price of sugar means a reduction in the quantity of candy demanded. So one way the market responds to a reduction in the supply of oil is by encouraging consumers to eat less candy! In analyses like this, we teach students to see the invisible hand and in so doing to understand their world. Similarly, we offer a unique and simple proof of the amazing invisible hand theorem that without any central direction competitive markets allocate production across firms in a way that minimizes aggregate costs! To understand their world students must understand when self-interest promotes the social interest and when it does not. Thus, Modern Principles has in-depth analyses of externalities, public goods, and ethical issues with market incomes and trade. Moreover, we always discuss economic theory in the context of real world problems such as the decline of the ocean fisheries, climate change, and the shortage of human organs for transplant.
Models of Economic Dynamics
Author: Hugo F. Sonnenschein
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 220
ISBN-13: 3642516459
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