Industrial organization : competition, growth and structural change
| Year of publication: |
2005 ; 4th ed
|
|---|---|
| Authors: | George, Kenneth |
| Other Persons: | Joll, Caroline (contributor) ; Lynk, E L. (contributor) |
| Publisher: |
London : Routledge |
| Subject: | Theorie | Theory | Industrieökonomik | Industrial organization | Strukturwandel | Structural change | Wettbewerb | Competition | Wirtschaftswachstum | Economic growth | Internationaler Wettbewerb | International competition |
| Description of contents: |
Continues to be the best introduction available to industrial organization and its importance to the economic wellbeing of a country
Table of Contents [gbv.de]
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| Extent: | Online-Ressource (483 p) |
|---|---|
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | Description based upon print version of record Book Cover; Half-Title; Title; Copyright; Contents; Tables and figures; Preface; Introduction; Chapter 1 Structural change; 1.1 INTRODUCTION; 1.2 LONG-TERM CHANGES IN SECTOR SHARES; 1.3 SERVICE SECTOR PRODUCTIVITY; 1.4 MANUFACTURING INDUSTRY; Importance of the decline in manufacturing; Reasons for the decline in manufacturing; Changes in output and productivity-cumulative causation; The role of investment; The exchange rate; Labour costs and productivity; 1.5 SOME POLICY ISSUES; Acknowledgement; Chapter 2 Business goals and behaviour; 2.1 INTRODUCTION; 2.2 PROBLEMS WITH PROFIT MAXIMISATION UncertaintyOrganisational complexity; Employment relations; Organisational form; 2.3 MANAGERIAL OBJECTIVES; The Behavioural School approach; Alternatives to profit maximisation; The divorce between ownership and control; Managerial motivation; 2.4 MANAGERIAL THEORIES OF THE FIRM; Discretionary expenditures; Sales maximisation; Growth maximisation; An assessment of non-profit-maximising theories of the firm; 2.5 CONSTRAINTS ON MANAGERIAL DECISION-MAKING; Shareholder control; Product markets; Internal growth as a control mechanism; Capital markets; Chapter 3 The growth of firms 3.1 INTRODUCTIONThe ability to grow and the desire for growth; Determinants-a brief review; 3.2 VERTICAL INTEGRATION; Vertical integration as a process; Cost minimisation; Security and control of the market environment; Bilateral monopoly; Monopoly power; Forces limiting the incentive to integrate; Bargaining power of large buyers; Customer attachments and goodwill; 3.3 DIVERSIFICATION; Motives for diversification; Uncertainty; Growth; Market power; The direction of diversification; The extent of diversification; 3.4 ACQUISITIONS AND MERGERS; Motives of the acquired firm Motives of the acquiring firmEconomies of scale; Complementarities; Speed and safety factors; Monopoly and market power; A market for corporate control; Financial and promotional factors; 3.5 LIMITS TO GROWTH; Chapter 4 Business performance; 4.1 INTRODUCTION; 4.2 SIZE, GROWTH AND PROFITABILITY; Size and profitability; Growth and profitability; Size and growth; 4.3 THE EFFECTS OF MERGERS; Stock market discipline; Mergers, profitability and efficiency; Mergers, investment and growth; 4.4 AGGREGATE CONCENTRATION; Predictions; Evidence; 4.5 THE LARGE DIVERSIFIED FIRM AND RESOURCE ALLOCATION Quantitative importance of diversificationConsequences for resource allocation; Chapter 5 Market structure; 5.1 INTRODUCTION; 5.2 SELLER CONCENTRATION; The measurement of concentration; The concentration ratio; The Herfindahl index; The entropy coefficient; The variance of logs; Assessment of different concentration measures; Empirical evidence on seller concentration; Determinants of concentration; Economies of scale; Sources of economies of scale; Measuring economies of scale; Changes in concentration; 5.3 OTHER DIMENSIONS OF MARKET STRUCTURE; Barriers to entry; Vertical integration Diversification |
| ISBN: | 978-0-415-07850-4 ; 0-415-07850-4 ; 978-0-203-98035-4 ; 978-0-415-07850-4 |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012678014