This paper proposes a new approach to explain the long-term evolution of a supplier industry. The network of vertical … relations between suppliers and buyers is identified as a determinant of the concentration of the supplier industry and of the … econometric exercise is used to test some hypotheses about the relation between selected network measures and industrial dynamics. …

the industry, as represented by the network of vertical relations between aero-engine suppliers and aircraft manufacturers …

shakeout pattern. The persistence of high concentration is not associated to the exit of smaller manufacturers, but instead a …

concentration, is transmitted to the upstream industry via the structure of the network of vertical exchange relations. We identify … two network configurations, partitioned and hierarchical, and show that they are responsible for sharply different …