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Learning-by-Doing, Market Structure and Industrial and Trade Policies

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Author Info
Dasgupta, Partha
Stiglitz, Joseph E

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Abstract

This paper addresses the nature of competition in an industry in which firms experience learning-by-doing. It identifies conditions under which competition leads to an emergence of monopoly and conditi ons under which competition persists. Certain distinguished industria l and trade policies are then studied. The per-se doctrine is examined. Conditions are located in which the infant industry is valid. By way of contrast, it is argued that, if foreign learning is likely to be vastly superior, there may be a case for import subsidies. Copyright 1988 by Royal Economic Society.

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Publisher Info
Article provided by Oxford University Press in its journal Oxford Economic Papers.

Volume (Year): 40 (1988)
Issue (Month): 2 (June)
Pages: 246-68
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Handle: RePEc:oup:oxecpp:v:40:y:1988:i:2:p:246-68

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  1. Jørgen Drud Hansen & Camilla Jensen & Erik Strøjer Madsen, 2001. "Green Subsidies and Learning-by-doing in the Windmill Industry," CIE Discussion Papers 2001-06, University of Copenhagen. Department of Economics. Centre for Industrial Economics. [Downloadable!]
  2. Madsen, Erik Strøjer & Jensen, Camilla & Hansen, Jørgen Drud, 2002. "Scale in Technology and Learning-by-Doing in the Windmill Industry," Working Papers 02-2, University of Aarhus, Aarhus School of Business, Department of Economics. [Downloadable!]
  3. Emmanuel Petrakis & Eric Rasmusen & Santanu Roy, 1995. "The Learning Curve in a Competitive Industry," Industrial Organization 9506001, EconWPA. [Downloadable!]
    Other versions:
  4. Bläsi, Albrecht & Requate, Till, 2005. "Learning-by-Doing with Spillovers in Competitive Industries, Free Entry, and Regulatory Policy," Economics Working Papers 2005,09, Christian-Albrechts-University of Kiel, Department of Economics. [Downloadable!]
  5. Jun, Byoung & Vives, Xavier, 2001. "Incentives in Dynamic Duopoly," CEPR Discussion Papers 2899, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  6. Besanko, David & Doraszelski, Ulrich & Kryukov, Yaroslav & Satterthwaite, Mark, 2007. "Learning-by-Doing, Organizational Forgetting and Industry Dynamics," CEPR Discussion Papers 6160, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  7. Jørgen Drud Hansen & Camilla Jensen & Erik Strøjer Madsen, 2002. "The Establishment of the Danish Windmill Industry - Was it Worthwhile?," CIE Discussion Papers 2002-07, University of Copenhagen. Department of Economics. Centre for Industrial Economics. [Downloadable!]
  8. Joseph E. Stiglitz & Andrew Charlton, 2005. "Un cycle de négociations commerciales pour le développement ?," Revue d’économie du développement, De Boeck Université, vol. 19(4), pages 17-54. [Downloadable!]
  9. Bruce C. Greenwald & Joseph E. Stiglitz, 1991. "Financial Market Imperfections and Productivity Growth," NBER Working Papers 2945, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  10. C. Lanier Benkard, 2000. "A Dynamic Analysis of the Market for Wide-Bodied Commercial Aircraft," NBER Working Papers 7710, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  11. Vives, Xavier, 2006. "Strategic complementarity in multi-stage games," IESE Research Papers D/619, IESE Business School.
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  12. Stephen W. Salant & Greg Shaffer, 1999. "Unequal Treatment of Identical Agents in Cournot Equilibrium," American Economic Review, American Economic Association, vol. 89(3), pages 585-604, June. [Downloadable!] (restricted)
  13. Francisco Alvarez Gonzalez & Emilio Cerda Tena, . "A solution Method for a Class of Learning by Doing Models," Computing in Economics and Finance 1996 _002, Society for Computational Economics. [Downloadable!]
  14. Elena Andreou & Alessandra Pelloni & Marianne Sensier, 2008. "Is Volatility Good for Growth? Evidence from the G7," The School of Economics Discussion Paper Series 0804, Economics, The University of Manchester. [Downloadable!]
    Other versions:
  15. C. Lanier Benkard, 2000. "Learning and Forgetting: The Dynamics of Aircraft Production," American Economic Review, American Economic Association, vol. 90(4), pages 1034-1054, September. [Downloadable!] (restricted)
  16. C. Lanier Benkard, 1999. "Learning and Forgetting: The Dynamics of Aircraft Production," NBER Working Papers 7127, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  17. Vives, Xavier, 2006. "Strategic Complementarities in Multi-Stage Games," CEPR Discussion Papers 5583, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  18. E. Young Song, 2000. "Temporary Protection and Technology Choice Under the Learning Curve," Econometric Society World Congress 2000 Contributed Papers 0248, Econometric Society. [Downloadable!]
    Other versions:
  19. Joseph E. Stiglitz, 1990. "Markets and Development," NBER Working Papers 2961, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  20. Leandro Arozamena & Estelle Cantillon, 2000. "Investment Incentives in Procurement Auctions," Cowles Foundation Discussion Papers 1276, Cowles Foundation, Yale University. [Downloadable!]
    Other versions:
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