IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this paper

The Life-Cycle of Competitive Industry

  • Jovanovic, B.
  • MacDonald, G.M.

Firm numbers first rise, then later fall, as an industry evolves. This nonmonotonicity is explained using a competitive model in which innovation opportunities fuel entry and relative failure to innovate prompts exit; equilibrium time paths for price and quantity also share features of the data. The model is estimated using data from the U.S. automobile tire industry, a particularly dramatic example of the nonmonotonicity in firm numbers. Copyright 1994 by University of Chicago Press.

(This abstract was borrowed from another version of this item.)

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Paper provided by Rochester, Business - Financial Research and Policy Studies in its series Papers with number 92-09.

as
in new window

Length: 43 pages
Date of creation: 1992
Date of revision:
Handle: RePEc:fth:robufr:92-09
Contact details of provider: Postal:
UNIVERSITY OF ROCHESTER, WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION, Bradley Policy Research Center, ROCHESTER NEW YORK 14627 U.S.A.

Web page: http://www.simon.rochester.edu/
Email:


More information through EDIRC

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.:

as in new window
  1. Jovanovic, Boyan & Lach, Saul, 1989. "Entry, Exit, and Diffusion with Learning by Doing," American Economic Review, American Economic Association, vol. 79(4), pages 690-99, September.
  2. N/A, 1980. "Chapter II. The Home Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 91(1), pages 27-42, February.
  3. Anonymous & Hillman, Jimmye S., 1980. "Macroeconomic Linkages to Agricultural Trade," 1980: Macroeconomic Linkages to Agricultural Trade Meeting, December 1980, Tucson, AZ 52378, International Agricultural Trade Research Consortium.
  4. Boyan Jovanovic & Glenn MacDonald, 1993. "The Life-Cycle of a Competitive Industry," NBER Working Papers 4441, National Bureau of Economic Research, Inc.
  5. Steven Klepper & Elizabeth Graddy, 1990. "The Evolution of New Industries and the Determinants of Market Structure," RAND Journal of Economics, The RAND Corporation, vol. 21(1), pages 27-44, Spring.
  6. N/A, 1982. "Chapter I. The Home Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 99(1), pages 6-28, February.
  7. anonymous, 1982. "Time and economics," Economic Review, Federal Reserve Bank of San Francisco, issue Sum, pages 4-5.
  8. A. M. Spence, 1981. "The Learning Curve and Competition," Bell Journal of Economics, The RAND Corporation, vol. 12(1), pages 49-70, Spring.
  9. Anonymous, 1982. "The Biologic and Economic Assessment of 2, 4, 5-T," Technical Bulletins 157646, United States Department of Agriculture, Economic Research Service.
  10. anonymous, 1982. "International economic situation and developments," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 45, august.
  11. N/A, 1980. "Chapter III. The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 91(1), pages 43-67, February.
  12. N/A, 1980. "Chapter I. The Economy in 1979," National Institute Economic Review, National Institute of Economic and Social Research, vol. 91(1), pages 8-26, February.
  13. -, 1980. "Economic relations of Latin America with Europe," Cuadernos de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number ns.n. edited by Cepal.
  14. N/A, 1980. "Chapter II. The Home Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 92(1), pages 18-32, May.
  15. Latsis,, 1980. "Method and Appraisal in Economics," Cambridge Books, Cambridge University Press, number 9780521280501, December.
  16. Havlicek, Joseph Jr., 1980. "Lecture notes in econometric methods and analysis," Honorary Collections, Joseph Havlicek, Jr., AgEcon Search, number 207771.
  17. anonymous, 1982. "New Zealand economic chronology 1981," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 45, january/f.
  18. anonymous, 1982. "Economic policy measures," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 45, july.
  19. Anonymous, 1980. "The Biologic and Economic Assessment of Diallate," Technical Bulletins 157725, United States Department of Agriculture, Economic Research Service.
  20. N/A, 1982. "Intermediate Targets and Macroeconomic Policy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 99(1), pages 61-67, February.
  21. anonymous, 1980. "New Zealand economic chronology 1979," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 43, january/f.
  22. N/A, 1982. "Chapter II. the World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 102(1), pages 27-38, November.
  23. N/A, 1980. "Chapter III. The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 94(1), pages 47-61, November.
  24. N/A, 1980. "Chapter II. The Home Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 94(1), pages 31-46, November.
  25. N/A, 1982. "Chapter I. The Home Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 100(1), pages 32-50, May.
  26. Anonymous, 1982. "The Biologic and Economic Assessment of DBCP," Technical Bulletins 157639, United States Department of Agriculture, Economic Research Service.
  27. anonymous, 1982. "International economic situation and outlook," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 45, january/f.
  28. N/A, 1982. "Chapter I. the Home Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 102(1), pages 6-26, November.
  29. Martin, Michael V. & Myers, Robert & Poretti, Daniel, 1982. "Minnesota Agricultural Economist No. 637," Minnesota Applied Economist/Minnesota Agricultural Economist 163799, University of Minnesota, Department of Applied Economics.
  30. anonymous, 1980. "The New Zealand economy six monthly review," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 43, november.
  31. Gort, Michael & Klepper, Steven, 1982. "Time Paths in the Diffusion of Product Innovations," Economic Journal, Royal Economic Society, vol. 92(367), pages 630-53, September.
  32. Ramon E. Johnson & Richard T. Pratt & Samuel S. Stewart Jr., 1982. "The Economic Consequences Of Esops," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 5(1), pages 75-83, 03.
  33. N/A, 1980. "Chapter III. The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 93(1), pages 36-48, August.
  34. N/A, 1982. "The Economic Situation," National Institute Economic Review, National Institute of Economic and Social Research, vol. 101(1), pages 3-8, August.
  35. N/A, 1982. "Chapter II. The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 99(1), pages 29-50, February.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:fth:robufr:92-09. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.