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Market Structures in an economical context. The Evolution of the economic market

Author

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  • Hushke, Nadia

Abstract

This work aims to identify and analyze similarities between the economic evolution and market structures in a historical context. However, this work mostly specializes on the development of the European Union in the modern globalization period: that is the stage of oligopoly. A brief explanation of the previous stages (perfect competition and monopolistic competition), will be given. The final stage of monopoly is seen to have not been achieved yet and is seen as the initial final goal of Globalization.

Suggested Citation

  • Hushke, Nadia, 2010. "Market Structures in an economical context. The Evolution of the economic market," Entelequia. Revista Interdisciplinar, Entelequia y Grupo Eumed.net (Universidad de Málaga), issue 11, pages 215-240, Spring.
  • Handle: RePEc:erv:ancoec:y:2010:i:11:p:215-240
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    References listed on IDEAS

    as
    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Robert J. Barro & Xavier Sala-i-Martin, 1991. "Convergence across States and Regions," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(1), pages 107-182.
    3. Nazrul Islam, 2003. "What have We Learnt from the Convergence Debate?," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 309-362, July.
    4. Barro, Robert J & Sala-i-Martin, Xavier, 1992. "Convergence," Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 223-251, April.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Globalisation; market structures; market evolution; European Union;

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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