We develop a partial equilibrium, perfectly competitive framework of a (potentially) vertically oriented industry. There are three types of firms: Upstream firms that use primary factors to produce an intermediate; downstream firms that use primary factors and intermediates to produce a final...

This chapter discusses the cost concepts required for analyzing the role of technology in the determination of firm and industry structure. It focuses on the general multiproduct case, although important single product aspects of the problem are also discussed. An analysis of the role these cost...

v. 2. pt. 3. Empirical methods and results. Inter-industry studies of structure and performance / Richard Schmalensee -- Empirical studies of industries with market power / Timothy F. Bresnahan -- Empirical studies of innovation and market structure / Wesley M. Cohen and Richard C. Levin -- An...