Cost‐Reducing Investment, Competition, and Industry Dynamics
نویسندگان
چکیده
منابع مشابه
Foreign Direct Investment, Competition and Industry Performance
This paper investigates the productivity effects of inward and outward foreign direct investment using industry and country level data for 17 OECD countries over the period 1973 to 2001. Controlling for national and international knowledge spillovers we argue that effects of FDI work through direct compositional effects as well as changing competition in the host country. Our results show that ...
متن کاملInterdependencies, Competition and Industry Dynamics
MICHAEL J. LENOX Fuqua School of Business Duke University PO Box 90210 Durham, NC 27708 Tel: (919) 660-8025 Fax: (919) 681-6244 [email protected] SCOTT F. ROCKART Fuqua School of Business Duke University PO Box 90210 Durham, NC 27708 Tel: (919) 660-7998 Fax: (919) 681-6244 [email protected] ARIE Y. LEWIN Fuqua School of Business Duke University PO Box 90210 Durham, NC 27708 Tel: (919) 660-7832 Fa...
متن کاملInterdependency, Competition, and Industry Dynamics
MICHAEL J. LENOX Fuqua School of Business Duke University PO Box 90210 Durham, NC 27708 Tel: (919) 660-8025 Fax: (919) 681-6244 [email protected] SCOTT F. ROCKART Fuqua School of Business Duke University PO Box 90210 Durham, NC 27708 Tel: (919) 660-7998 Fax: (919) 681-6244 [email protected] ARIE Y. LEWIN Fuqua School of Business Duke University PO Box 90210 Durham, NC 27708 Tel: (919) 660-7832 Fa...
متن کاملInvestment , Externalities and Industry Dynamics ( Preliminary , Incomplete )
We provide an alternative theoretical foundation for a number of well known empirical regularities on industry dynamics and product life cycle. We consider a dynamic competitive industry with free entry and exit and time stationary demand where all firms are ex ante identical, have perfect foresight and where there is no uncertainty or information problem. We show that when firms invest in dete...
متن کاملInvestment , Externalities and Industry Dynamics ( Very preliminary and incomplete )
We provide an alternative theoretical explanation for a number of empirical regularities relating to the dynamics of industry structrure (product life cycle) and changes in size and age distribution of firms over time. We explain why entry may continue over a considerable period of time, why shake out of firms occur in mature industries and why exiting firms are likely to be younger and smaller...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: International Economic Review
سال: 1999
ISSN: 0020-6598,1468-2354
DOI: 10.1111/1468-2354.00020