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Corporate Demography and Empirical Industrial Organization: A Critical Appraisal

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Author Info
Ted Frech (University of California, Santa Barbara)

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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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Paper provided by Department of Economics, UC Santa Barbara in its series University of California at Santa Barbara, Economics Working Paper Series with number wp7-01.

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Date of creation: 04 Mar 2002
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Handle: RePEc:cdl:ucsbec:wp7-01

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

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Frech, H E, III & Ginsburg, Paul B, 1974. "Optimal Scale in Medical Practice: A Survivor Analysis," Journal of Business, University of Chicago Press, vol. 47(1), pages 23-36, January. [Downloadable!] (restricted)
  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 & Economics, University of Chicago Press, vol. 39(2), pages 705-35, October.
  3. Bays, Carson W, 1986. "The Determinants of Hospital Size: A Survivor Analysis," Applied Economics, Taylor and Francis Journals, vol. 18(4), pages 359-77, April.
  4. Blair, Roger D & Vogel, Ronald J, 1978. "A Survivor Analysis of Commercial Health Insurers," Journal of Business, University of Chicago Press, vol. 51(3), pages 521-29, July. [Downloadable!] (restricted)
  5. H. Frech & Richard Miller, 1996. "The Productivity of Health Care and Pharmaceuticals: An International Comparison," University of California at Los Angeles, Research Program in Pharmaceutical Economics and Policy 11001, Research Program in Pharmaceutical Economics and Policy, UCLA. [Downloadable!]
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  6. Keeler, Theodore E, 1989. "Deregulation and Scale Economies in the U.S. Trucking Industry: An Econometric Extension of the Survivor Principle," Journal of Law & Economics, University of Chicago Press, vol. 32(2), pages 229-53, October.
  7. Boyan Jovanovic, 2001. "Fitness and Age: Review of Carroll and Hannan's Demography of Corporations and Industries," Journal of Economic Literature, American Economic Association, vol. 39(1), pages 105-119, March. [Downloadable!] (restricted)
  8. Armen A. Alchian, 1950. "Uncertainty, Evolution, and Economic Theory," Journal of Political Economy, University of Chicago Press, vol. 58, pages 211. [Downloadable!] (restricted)
  9. Frech, H E, III & Mobley, Lee Rivers, 1995. "Resolving the Impasse on Hospital Scale Economies: A New Approach," Applied Economics, Taylor and Francis Journals, vol. 27(3), pages 286-96, March.
  10. Jarrell, Gregg & Peltzman, Sam, 1985. "The Impact of Product Recalls on the Wealth of Sellers," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 512-36, June. [Downloadable!] (restricted)
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  11. Danger, K. & Frech, H.E.III., 2001. "Critical Thinking about "Critical Loss" in Antitrust," Papers 01-4, U.S. Department of Justice - Antitrust Division.
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Cited by:
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  1. Sumit Majumdar, 2008. "Foreign exchange legislation transformation and enterprise demography in India," European Journal of Law and Economics, Springer, vol. 25(1), pages 39-56, February. [Downloadable!] (restricted)
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