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Technology and Market Structure: Theory and History

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  • John Sutton

    ()
    (London School of Economics)

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    Abstract

    Economists have traditionally taken two very different approaches to studying market structure. One looks to "industry characteristics" to explain why different industries develop in different ways; the other looks to the pattern of firm growth within a "typical" industry to describe the evolution of the size distribution of firms. In his new book, John Sutton sets out a unified theory that encompasses both approaches, while generating a series of novel predictions as to how markets evolve. Using statistical analysis and a detailed examination of industry histories, he rigorously tests these new predictions. Data in the paperback edition have been revised and updated.

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    Bibliographic Info

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    This book is provided by The MIT Press in its series MIT Press Books with number 0262692643 and published in 2001.

    Volume: 1
    Edition: 1
    ISBN: 0-262-69264-3
    Handle: RePEc:mtp:titles:0262692643

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    Web page: http://mitpress.mit.edu

    Related research

    Keywords: market structure; industry characteristics; firm growth;

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    Cited by:
    1. Jing-Yuan Chio & Laura Magazzini & Fabio Pammolli & Massimo Riccaboni, 2012. "The Value of Failures in Pharmaceutical R&D," Working Papers 1/2012, IMT Institute for Advanced Studies Lucca, revised Jan 2012.
    2. Saara Tamminen & Chang Han-Hsin, 2012. "Company heterogeneity and mark-up variability," Working Papers 32, Government Institute for Economic Research Finland (VATT).
    3. Daniel Lederman & William F. Maloney, 2012. "Does What You Export Matter? In Search of Empirical Guidance for Industrial Policies," World Bank Publications, The World Bank, number 9371, October.
    4. Greer, Katja, 2013. "Limiting rival's efficiency via conditional discounts," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79730, Verein für Socialpolitik / German Economic Association.
    5. Pillai, Unni, 2011. "A model of technological progress in the microprocessor industry," MPRA Paper 31881, University Library of Munich, Germany.
    6. An-Hsiang Liu & Ralph Siebert & Christine Zulehner, 2013. "The Impact of Entry Regulation on Total Welfare: A Policy Experiment," CESifo Working Paper Series 4291, CESifo Group Munich.
    7. Valerie Smeets & Sharon Traiberman & Frederic Warzynski, 2013. "Offshoring and Patterns of Quality Growth: Evidence from Danish Apparel," Economics Working Papers 2013-25, School of Economics and Management, University of Aarhus.
    8. Burghardt, Dirk, 2013. "The Impact of Trade Policy on Industry Concentration in Switzerland," Economics Working Paper Series 1317, University of St. Gallen, School of Economics and Political Science.
    9. Paul Dunne & Maria del Carmen Garcia-Alonso & Paul Levine Author Name: Ron Smith, 2004. "Managing Asymmetric Conflict," Studies in Economics 0411, Department of Economics, University of Kent.

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