Welfare aspects of industrial markets

Welfare aspects of industrial markets PDF Author: A.P. Jacquemin
Publisher: Springer Science & Business Media
ISBN: 1461342317
Category : Business & Economics
Languages : en
Pages : 439

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Book Description
The present volume of essays on industrial organization, which are based on conferences held at Nijenrode and Brussels, differs considerably from its predecessor. Even more than in the first volume the essays demonstrate the broad scope of industrial organization analysis. Besides the traditional topics such as economies of scale, monopoly and competition policy, there are essays on methodology, on stagflation, and on the relationship between industrial struc ture and international trade and trade policies. The latter topics are of growing importance. The issue of restructuring industries and the question of whether free trade or some measure of protection is more appropriate are topics of increasing relevance today (and will no doubt continue to be in future years as well). The problem of persistent inflation which other essays address is also of major concern. Apart from being broad in scope and venturing into new fields, this volume is also controversial. Its central feature is a debate about welfare aspects. Here, more than in pure analysis, economists tend to entertain different points of view. One of the participants in the Nijenrode conference, Professor John Blair, who died in December 1976 and whom we honour as having been an active promoter of this kind of meeting, wrote to the editors shortly before his death to say that the first volume had succeeded very well in acquainting the reader with the results of empirical investigations, notably on trends and levels of concentration.

Welfare aspects of industrial markets

Welfare aspects of industrial markets PDF Author: A.P. Jacquemin
Publisher: Springer Science & Business Media
ISBN: 1461342317
Category : Business & Economics
Languages : en
Pages : 439

Get Book Here

Book Description
The present volume of essays on industrial organization, which are based on conferences held at Nijenrode and Brussels, differs considerably from its predecessor. Even more than in the first volume the essays demonstrate the broad scope of industrial organization analysis. Besides the traditional topics such as economies of scale, monopoly and competition policy, there are essays on methodology, on stagflation, and on the relationship between industrial struc ture and international trade and trade policies. The latter topics are of growing importance. The issue of restructuring industries and the question of whether free trade or some measure of protection is more appropriate are topics of increasing relevance today (and will no doubt continue to be in future years as well). The problem of persistent inflation which other essays address is also of major concern. Apart from being broad in scope and venturing into new fields, this volume is also controversial. Its central feature is a debate about welfare aspects. Here, more than in pure analysis, economists tend to entertain different points of view. One of the participants in the Nijenrode conference, Professor John Blair, who died in December 1976 and whom we honour as having been an active promoter of this kind of meeting, wrote to the editors shortly before his death to say that the first volume had succeeded very well in acquainting the reader with the results of empirical investigations, notably on trends and levels of concentration.

Mainstreams in Industrial Organization

Mainstreams in Industrial Organization PDF Author: H.W. de Jong
Publisher: Springer Science & Business Media
ISBN: 9401704937
Category : Business & Economics
Languages : en
Pages : 461

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Book Description
The present two volumes contain the essays and part of the discussions as presented at the conference on Mainstreams in Industrial Organiza tion, held at the University of Amsterdam, 21-23 August 1985. The thema was chosen because the field of studies commonly designated "industrial organization" in the Anglo-Saxon countries, or "market theory" in Continental Europe, has experienced important alterations during the past decade. Partly this reflects changing theoretical views inside the field, in which shifts in the core concepts have occurred and different emphasis is laid on time-honoured views and results. Partly, critical views have been voiced from outside the field. As in all open scientific debate, they have to be weighed and, if necessary, taken into account. Partly also, diver gent developments in thinking between the Anglo-Saxon, European and Japanese areas need to be considered, because both the problems and the ways of approaching them still differ. The variety of views, theori~s and results is testimony to the vitality of this field of economics; variety is generated by the creative endeavours, from which the chaff is being beaten out by critical discussions. That is especially true for the concept of competition itself, which industrial organization economists are debating intensively.

The Economics of Industries and Firms

The Economics of Industries and Firms PDF Author: Malcolm Sawyer
Publisher: Routledge
ISBN: 1134962959
Category : Business & Economics
Languages : en
Pages : 404

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Book Description
Published in 1985, "The Economics of Industries and Firms" is a vaulable contribution to Economics.

The Effects of Competition

The Effects of Competition PDF Author: George Symeonidis
Publisher: MIT Press
ISBN: 9780262264655
Category : Business & Economics
Languages : en
Pages : 558

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Book Description
A theoretical and empirical study of the effects of competition across a broad range of industries. Policies to promote competition are high on the political agenda worldwide. But in a constantly changing marketplace, the effects of more intense competition on firm conduct, market structure, and industry performance are often hard to distinguish. This study combines game-theoretic models with empirical evidence from a "natural experiment" of policy reform. The introduction in the United Kingdom of the 1956 Restrictive Trade Practices Act led to the registration and subsequent abolition of explicit restrictive agreements between firms and the intensification of price competition across a range of manufacturing industries. An equally large number of industries were not affected by the legislation. Using data from before and after the 1956 act, this book compares the two groups of industries to determine the effect of price competition on concentration, firm and plant numbers, profitability, advertising intensity, and innovation. The book avoids two problems common to empirical studies of competition: how to measure the intensity of competition and how to unravel the links between competition and other variables. Because the change in the intensity of competition had an external cause, there is no need to measure the intensity of competition directly, and it is possible to identify one-way causal effects when estimating the impact of competition. The book also examines issues such as the industries in which collusion is more likely to occur; the effect of cartels and cartel laws on market structure and profitability; the links between competition, advertising, and innovation; and the constraints on the exercise of merger and antitrust policies.

The Three Worlds of Welfare Capitalism

The Three Worlds of Welfare Capitalism PDF Author: Gosta Esping-Andersen
Publisher: John Wiley & Sons
ISBN: 0745666752
Category : Political Science
Languages : en
Pages : 322

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Book Description
Few discussions in modern social science have occupied as much attention as the changing nature of welfare states in western societies. Gosta Esping-Andersen, one of the most distinguished contributors to current debates on this issue, here provides a new analysis of the character and role of welfare states in the functioning of contemporary advanced western societies. Esping-Andersen distinguishes several major types of welfare state, connecting these with variations in the historical development of different western countries. Current economic processes, the author argues, such as those moving towards a post-industrial order, are not shaped by autonomous market forces but by the nature of states and state differences. Fully informed by comparative materials, this book will have great appeal to everyone working on issues of economic development and post-industrialism. Its audience will include students and academics in sociology, economics and politics.

Why are the British Bad at Manufacturing?

Why are the British Bad at Manufacturing? PDF Author: Karel Williams
Publisher: Routledge
ISBN: 1351244779
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
This book, first published in 1983, offers a new explanation for the poor performance of British manufacturing since 1950. Rather than invoke orthodox economic theory or general social factors, the book analyses four national conditions – enterprise control over the labour process; market structure and the composition of demand; the relation of manufacturing enterprise to financial institutions like banks and stock exchanges; and the relation of manufacturing enterprise to government.

Big Business and the Wealth of Nations

Big Business and the Wealth of Nations PDF Author: Alfred D. Chandler
Publisher: Cambridge University Press
ISBN: 9780521663472
Category : Business & Economics
Languages : en
Pages : 612

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Book Description
Written in nontechnical terms, Big Business and the Wealth of Nations explains how the dynamics of big business have influenced national and international economies in the twentieth century. A path-breaking study, it provides the first systematic treatment of big business in advanced, emerging, and centrally planned economies from the late nineteenth century, when big businesses first appeared in American and West European manufacturing, to the present. These essays, written by internationally known historians and economists, help one to understand the essential role and functions of big businesses, past and present.

The Palgrave Companion to LSE Economics

The Palgrave Companion to LSE Economics PDF Author: Robert A. Cord
Publisher: Springer
ISBN: 113758274X
Category : Business & Economics
Languages : en
Pages : 949

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Book Description
The London School of Economics (LSE) has been and continues to be one of the most important global centres for economics. With six chapters on themes in LSE economics and 29 chapters on the lives and work of LSE economists, this volume shows how economics became established at the School, how it produced some of the world’s best-known economists, including Lionel Robbins and Bill Phillips, plus Nobel Prize winners, such as Friedrich Hayek, John Hicks and Christopher Pissarides, and how it remains a global force for the very best in teaching and research in economics. With original contributions from a stellar cast, this volume provides economists – especially those interested in macroeconomics and the history of economic thought – with the first in-depth analysis of LSE economics.

Competitiveness and the State

Competitiveness and the State PDF Author: Geoffrey Jones
Publisher: Manchester University Press
ISBN: 9780719032769
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
Examines the importance of place and its relationship to the quality of public life in the context of those northern states (e.g. Montana) whose settlement marked the end of the old frontier. Also generally questions, in terms of the Jeffersonian democratic ideal, the relationship between cities and rural areas and between politics and economics. Ten papers, revised from their presentation at an October 1989 meeting in Reading, England, explore the various economic policies of the British government since 1900, from nonintervention to nationalism to privatization and deregulation, and their effect on such industries as agriculture, oil, banking, and manufacturing. They find the policies ineffectual and inconsistent compared to those in other countries. Annotation copyrighted by Book News, Inc., Portland, OR

Evolution of Competition Laws and their Enforcement

Evolution of Competition Laws and their Enforcement PDF Author: Pradeep S Mehta
Publisher: Routledge
ISBN: 1136598480
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
This edited volume identifies the various country specific factors that warrant changes in the design and implementation of competition laws. The book covers case studies of nine countries of differing sizes and at varying stages of economic development, that have at one stage or another repealed extant competition laws for new ones, and seeks to examine the motivations and contexts under which this was done. The countries examined include the Czech Republic, Hungary, India, Ireland, Poland, Serbia, South Africa, Tanzania and the UK. Tracing the evolution of competition regimes in the countries covered, the book provides lessons for countries still in the process of forming their competition regimes. The contributions show that the road to strong competition regimes is seldom smooth, and that social, economic and political factors in the country hugely impact on the pace and effectiveness of competition reforms. The volume also addresses the issue of when the development of competition policies and laws can be seen to be in conflict with national development strategies.