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Corporate Demography and Empirical Industrial Organization: A Critical Appraisal

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  • Frech, Ted

Abstract

The emerging field of corporate demography views corporations and industries in a similar way to human or animal individuals and groups. In spite of a surprisingly large overlap of subject matter with economics, corporate demography is not well-known by, nor easily accessible to economists. An extremely useful recent book, The Demography of Corporations and Industries, by Glenn R. Carroll and Michael T. Hannan (2000) should change that. This review essay critically examines corporate demography from an economic viewpoint. The very different view of competition in corporate demography gets particular attention.

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Bibliographic Info

Paper provided by Department of Economics, UC Santa Barbara in its series University of California at Santa Barbara, Economics Working Paper Series with number qt451647b2.

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Date of creation: 04 Mar 2002
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Handle: RePEc:cdl:ucsbec:qt451647b2

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Keywords: entry; exit; demography; survivor analysis; firm;

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  1. Jarrell, Gregg & Peltzman, Sam, 1985. "The Impact of Product Recalls on the Wealth of Sellers," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 93(3), pages 512-36, June.
  2. Troske, Kenneth R, 1996. "The Dynamic Adjustment Process of Firm Entry and Exit in Manufacturing and Finance, Insurance, and Real Estate," Journal of Law and Economics, University of Chicago Press, University of Chicago Press, vol. 39(2), pages 705-35, October.
  3. Boyan Jovanovic, 2001. "Fitness and Age: Review of Carroll and Hannan's Demography of Corporations and Industries," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 39(1), pages 105-119, March.
  4. Blair, Roger D & Vogel, Ronald J, 1978. "A Survivor Analysis of Commercial Health Insurers," The Journal of Business, University of Chicago Press, University of Chicago Press, vol. 51(3), pages 521-29, July.
  5. Danger, K. & Frech, H.E.III., 2001. "Critical Thinking about "Critical Loss" in Antitrust," Papers, U.S. Department of Justice - Antitrust Division 01-4, U.S. Department of Justice - Antitrust Division.
  6. Frech, H. E. III & Miller, Richard D. Jr., 1996. "The Productivity of Health Care and Pharmaceuticals: An International Comparison," University of California at Los Angeles, Research Program in Pharmaceutical Economics and Policy, Research Program in Pharmaceutical Economics and Policy, UCLA qt0d90459k, Research Program in Pharmaceutical Economics and Policy, UCLA.
  7. Keeler, Theodore E, 1989. "Deregulation and Scale Economies in the U.S. Trucking Industry: An Econometric Extension of the Survivor Principle," Journal of Law and Economics, University of Chicago Press, University of Chicago Press, vol. 32(2), pages 229-53, October.
  8. Armen A. Alchian, 1950. "Uncertainty, Evolution, and Economic Theory," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 58, pages 211.
  9. Frech, H E, III & Ginsburg, Paul B, 1974. "Optimal Scale in Medical Practice: A Survivor Analysis," The Journal of Business, University of Chicago Press, University of Chicago Press, vol. 47(1), pages 23-36, January.
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Cited by:
  1. Russell, Bonita I. & Shapiro, Daniel & Vining, Aidan R., 2010. "The evolution of the Canadian mining industry: The role of regulatory punctuation," Resources Policy, Elsevier, Elsevier, vol. 35(2), pages 90-97, June.
  2. Sumit Majumdar, 2008. "Foreign exchange legislation transformation and enterprise demography in India," European Journal of Law and Economics, Springer, Springer, vol. 25(1), pages 39-56, February.

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