We examine the extent and effect of an interest rate-based industrial policy in Japan, France, Great Britain, and West Germany while using the United States as a control case. We argue that some governments have undertaken industrial policies that achieve a "below- competitive market" interest...

Due to customer segmentation, multiple types of dynamic business scenarios (business-as-usual, escalation, hysteresis, and evolving business practice; Dekimpe and Hanssens 1999) may co-exist within a single product market. The authors develop an approach to model this phenomenon with time series...