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This paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the U.S. over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand-supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10010272949
Lean production has become an integral part of the manufacturing landscape as its link with superior performance and its ability to provide competitive advantage is well accepted among academics and practitioners. Lean production helps producers in overcoming the challenges organizations face...
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A country with Cournot competition and free entry experiences an increase of its market size either due to economic growth or international integration of goods markets. The implied increase in competition leads to shrinking mark-ups and forces firms to reduce overhead costs relative to output....
Persistent link: https://www.econbiz.de/10010261240
This paper aims to evaluate the current state of research in Lean Production by exhaustively compiling and grouping the literature on the subject. This methodology has led us to identify four lines of research being as follows: a) the theoretical bases of Lean Production; b) the human...
Persistent link: https://www.econbiz.de/10010280437