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Firm size, innovation, and market structure : the evolution of industry concentration and instability / Mariana Mazzucato.

Lippincott Library HD2326 .M38 2000
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Format:
Book
Author/Creator:
Mazzucato, Mariana, 1968-
Series:
New horizons in the economics of innovation
Language:
English
Subjects (All):
Industrial organization (Economic theory).
Industries--Size--Computer simulation.
Industries.
Industrial concentration--Computer simulation.
Industrial concentration.
Technological innovations--Economic aspects--Computer simulation.
Technological innovations.
Evolutionary economics.
Technological innovations--Economic aspects.
Computer simulation.
Industries--Size.
Physical Description:
xix, 138 pages : illustrations ; 24 cm.
Place of Publication:
Cheltenham [England] ; Northampton, MA : E. Elgar, [2000]
Contents:
1 Firm-size dynamics: new ideas and dynamic methods 1
1 Introduction: variety, order and complexity 1
2 Stylized facts regarding firm-size dynamics 7
3 The theory of market structure and the measurement of competition 8
4 Empirical work on firm size and innovation 16
6 Dynamic techniques to model firm-size dynamics 20
2 A computational model of economies of scale and market share instability: a deterministic analysis 26
2 Empirical regularities and the measurement of competition 29
3 Firm size and innovation 32
4 The model 35
5 Comparison of simulation results to empirical data in the US automobile industry 60
3 The effect of idiosyncratic events on the feedback between firm size and innovation: a stochastic analysis 67
2 Randomness in economic models 67
3 Industry-specific nature of market share instability 70
4 Modeling the effect of idiosyncratic events on positive/negative feedback 71
4 Market share instability and stock price volatility during the industry life-cycle: the US automobile industry 93
2 Stylized facts regarding stock price volatility 95
3 Brief historical background of the US automobile industry 96
4 Theoretical insights: life-cycle and finance theory 99
5 Empirical analysis: the US automobile industry 107.
Notes:
Includes bibliographical references (pages 125-134) and index.
ISBN:
1840643463
OCLC:
43694418

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