This paper addresses the determinants of price-cost margins in U.S. 4-digit industries. Margins are larger in capital intensive and concentrated industries with high growth rates and R & D and advertising to sales ratios. They also fluctuate significantly over the business cycle. We go beyond...

Purpose – The purpose of this paper is to reassess the relative impact of labour market regulation on economic performance. Inflexible labour markets combined with high welfare costs are often thought to be the main cause of low growth in Europe. Design/methodology/approach – This paper...

Purpose – This paper aims to show how the term competitiveness has been applied and adapted since Michael Porter made it respectable in economics, strategic management and consulting. This paper connects the concept with new developments in the theory of the firm, theories of growth and,...