Competition and growth: Innovations and selection in industry evolution

Competition and Growth: Innovations and Selection in Industry Evolution

Volumn , Issue , 2004, Pages 1-177

  Sengupta, J K ^a  

^a UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84991408367     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1057/9780230505315     Document Type: Book

References (120)

1. Athanassopoulos, A. and Thanassoulis, E. (1995): Market efficiency from profitability and its implications for planning. Journal of the Operational Research Society 46, 20-34.
2. Baumol, W. (1967): Business Behavior; Value and Growth. Harcourt, Brace and World, New York.
3. Cabral, L. and Riordan, M. (1994): The learning curve, market dominance and predatory pricing. Econometrica 62, 1115-40.
4. Charnes, A., Cooper, W., Lewin, W. and Seiford, L. (1994): Data Envelopment Analysis. Kluwer Academic Press, Boston.
5. D'Aveni, R.A. (1994): Hypercompetition: Managing the Dynamics of Strategic Maneuvering. Free Press, New York.
6. Dosi, G. (1984): Technical Change and Industrial Transformation. Macmillan Press, London.
7. Downie, J. (1958): The Competitive Process. Duckworth, London.
8. Dreze, J. and Sheshinski, E. (1984): On industry equilibrium under uncertainty. Journal of Economics Theory 33, 88-97.
9. Farrell, M.J. (1957): The measurement of productive efficiency. Journal of Royal Statistical Society, Series A 120, 253-90.
10. Fisher, R.A. (1930): The Genetical Theory of Natural Selection. Clarendon Press, Oxford.
11. Gabszewicz, J. and Michel, P. (1991): Capacity adjustments in a competitive industry. In: Gabszewicz, J. (ed.), Equilibrium Theory and Applications. Cambridge University Press, Cambridge.
12. Gaskins, D.W. (1971): Dynamic limit pricing: Optimal pricing under threat of entry. Journal of Economic Theory 3, 306-22.
13. Hall, R.E. (1990): Invariance properties of solow's productivity residual. In: Diamond, P. (ed.), Growth, Productivity and Unemployment. MIT Press, Cambridge, MA.
14. Johansen, L. (1972): Production Functions. North Holland, Amsterdam.
15. Jovanovic, B. (1982): Selection and the evolution of industry. Econometrica 50, 649-70.
16. Kessides, I.N. (1990): The persistence of profits in US manufacturing. In: Mueller, D.C. (ed.), The Dynamics of Company Profits. Cambridge University Press, Cambridge.
17. Lansbury, M. and Mayes, D. (1996): Entry, exit, ownership and the growth of productivity. In: Mayes, D. (ed.), Sources of Productivity Growth. Cambridge University Press, Cambridge.
18. Lucas, R.E. (1993): Making a miracle. Econometrica 61, 251-72.
19. Mansfield, E. (1962): Entry, Gibrat's law, innovations and the growth of firms. American Economic Review 52, 1023-51.
20. Mazzucato, M. (2000): Firm Size, Innovation and Market, Edward Elgar, Cheltenham.
21. Metcalfe, J.S. (1994): Competition, evolution and the capital market. Metroeconomica 4, 127-54.
22. Nelson, R. and Winter, S. (1982): An Evolutionary Theory of Economic Change. Harvard University Press, Cambridge, MA.
23. Novshek, W. (1980): Cournot equilibrium with free entry. Review of Economic Studies 47, 473-86.
24. Schumpeter, J. (1942): Capitalism, Socialism and Democracy. Harper and Row, New York.
25. Sengupta, J.K. (1990): Transformations in Stochastic DEA models. Journal of Econometrics 46, 109-23.
26. Sengupta, J.K. (2000): Dynamic and Stochastic Efficiency Analysis. World Scientific, London.
27. Sengupta, J.K. (2002): Model of hypercompetition. International Journal of Systems Science 33, 669-75.
28. Sengupta, J.K. (2003): New Efficiency Theory. Springer-Verlag, Berlin.
29. Sutton, J. (1998): Technology and Market Structure. MIT Press, Cambridge, MA.
30. Timmer, C.P. (1971): Using a probabilistic frontier production to measure technical efficiency. Journal of Political Economy 79, 776-94.
31. Agliardi, E. (1998): Positive Feedback Economies. St. Martin's Press, New York.
32. Bain, J.S. (1956): Barriers to New Competition. Harvard University Press, Cambridge.
33. Charnes, A., Cooper, W.W., Lewin, A. and Seiford, L. (1994): Data Envelopment Analysis. Kluwer Academic Publishers, Dordrecht.
34. Dixit, A. and Pindyck, R.S. (1994): Investment Under Uncertainty. Princeton University Press, Princeton.
35. Dreze, J. and Sheshinski, E. (1984): On industry equilibrium under uncertainty. Journal of Economic Theory 33, 88-97.
36. Gaskins, D.W. (1971): Dynamic limit pricing: optimal pricing under threat of entry. Journal of Economic Theory 3, 306-22.
37. Geroski, P. and Schwalbach J. (eds) (1991): Entry and Market Contestability: An International Comparison. Basil Blackwell, Oxford.
38. Jorgenson, D.W. and Stiroh, K.J. (2000): Raising the speed limit: US economic growth in the information age. In: Brainard, W. and Perry, G. (eds) Brookings Papers on Economic Activity. Brookings Institution, Washington, D.C.
39. Jovanovic, B. (1982): Selection and the evolution of industry. Econometrica 50, 649-70.
40. Jovanovic, B. and MacDonald, G. (1989): Entry and exit in perfect competition. Working paper No. 190, Department of Economics, New York University, New York.
41. Kaldor, N. (1963): Capital accumulation and economic growth. In: Lutz, F. and Hague, D.C. (eds), Proceedings of the International Economic Association. Macmillan, London.
42. Klepper, S. (1996): Exit, entry, growth and innovation over the product life-cycle. American Economic Review 86, 562-83.
43. Lansbury, M. and Mayes, D. (1996): Entry, exit, ownership and the growth of productivity. In: Mayes, D.G. (ed.), Sources of Productivity Growth. Cambridge University Press, Cambridge.
44. Mata, J. (1995): Sunk costs and the dynamics of entry in Portuguese manufacturing. In: Witteloostuijn, A. (ed.), Market Evolution: Competition and Cooperation. Kluwer Academic Publishers, Dordrecht.
45. Mazzucato, M. (2000): Firm Size, Innovation and Market Structure. Edward Elgar, Cheltenham.
46. Norsworthy, J.R. and Jang, S.L. (1992): Empirical Measurement and Analysis of Productivity and Technical Change. North Holland, Amsterdam.
47. Novshek, W. (1980): Cournot equilibrium with free entry. Review of Economic Studies 47, 473-86.
48. Orr, D. (1974): The determinants of entry: a study of the Canadian manufacturing industries. Review of Economics and Statistics 56, 94-106.
49. Rees, R.D. (1973): Optimum plant size in UK industries: some survivor estimates. Economica 40, 85-94.
50. Rogers, R.J. (1993): The minimum optimal steel plant and the survivor technique of cost estimation. Atlantic Economic Journal 21, 30-37.
51. Salinger, M.A. (1984): Tobin's q, unionization and the concentration profits relationship. Rand Journal of Economics 15, 27-34.
52. Sengupta, J.K. and Fanchon, P. (1997): Control Theory Methods in Economics. Kluwer Academic Press, Dordrecht.
53. Sengupta, J.K. (1998): New Growth Theory. Edward Elgar, Cheltenham.
54. Sengupta, J.K. (2003): New Efficiency Theory. Springer, Berlin.
55. Solow, R.M. (1957): Technical change and the aggregate production function. Review of Economics and Statistics 39, 312-20.
56. Solow, R.M. (1997): Learning from Learning by Doing. Stanford University Press, Stanford.
57. Spulber, D.F. (1981): Capacity, output and sequential entry. American Economic Review 71, 503-14.
58. Stigler, G.J. (1958): The economies of scale. Journal of Law and Economics 1, 54-71.
59. Stigler, G.J. (1968): The Organization of Industry. Richard Irwin, Illinois.
60. Suzumura, K. (1995): Competition, Commitment and Welfare. Clarendon Press, Oxford.
61. Young, A. (1928): Increasing returns and economic progress. Economic Journal 38, 527-42.
62. Aghion, P. and Howitt, P. (1992): A model of growth through creative destruction. Econometrica 60, 323-51.
63. Antonelli, C. (1995): The diffusion of new information technologies and productivity growth. Journal of Evolutionary Economics 5, 1-17.
64. Bass, F.M. (1969): A new product growth model for consumer durables. Management Science 15, 215-27.
65. Binder, M. and Pesaran, M.H. (1996): Stochastic growth. Working paper, Department of Economics, University of Maryland, Maryland.
66. Callen, T., Hall, R. and Henry, S. (1990): Manufacturing stocks, expectations, risk and co-integration. Economic Journal 100, 756-72.
67. Dreze, J. and Sheshinski, E. (1984): On industry equilibrium under uncertainty. Journal of Economic Theory 33, 88-97.
68. Fisher, R.A. (1930): The Genetic Theory of Natural Selection. Clarendon Press, Oxford.
69. Gaskins, D.W. (1971): Dynamic limit pricing: Optimal pricing under threat of entry. Journal of Economic Theory 3, 306-22.
70. Kamien, M.I. and Schwartz, N.L. (1982): Market Structure and Innovation. Cambridge University Press, Cambridge.
71. Kennan, J. (1979): The estimation of partial adjustment models with rational expectations. Econometrica 47, 1441-57.
72. Mata, J. (1995): Sunk costs and the dynamics of entry in Portuguese manufacturing. In: Witteloostuijn, A.V. (ed.), Market Evolution. Kluwer Academic, Dordrecht.
73. Mazzucato, M. (2000): Firm Size, Innovation and Market Structure. Edward Elgar, Cheltenham.
74. Metcalfe, J.S. (1994): Competition, evolution and the capital market. Metroeconomica 45, 127-54.
75. Nelson, R. and Winter, S. (1982): An Evolutionary Theory of Economic Change. Harvard University Press, Cambridge.
76. Scherer, F.M. (1984): International High-technology Competition. Harvard University Press, Cambridge, MA.
77. Schumpeter, J.A. (1961): The Theory of Economic Development. Oxford University Press, New York.
78. Sengupta, J.K. (1998): Growth Theory: An Applied Perspective. Edward Elgar, Cheltenham.
79. Thompson, P. (1996): Technological opportunity and the growth of knowledge: a Schumpeterian approach to measurement. Journal of Evolutionary Economics 6, 77-97.
80. Young, A. (1995): The tyranny of numbers: confronting the statistic realities of the East Asian growth experience. Quarterly Journal of Economics 110, 641-80.
81. Aumann, R.J. (1974): Subjectivity and correlation in randomized strategies. Journal of Mathematical Economics 1, 67-96.
82. Dasgupta, R and Stiglitz, J. (1980): Industrial structure and the nature of innovative activity. Economic Journal 90, 249-65.
83. Harsanyi, J.C. (1975): Solution concepts in game theory. International journal of game theory 5, 39-54.
84. Hofbauer, J. and Sigmund, K. (1988): The Theory of Evolution and Dynamical Systems: Mathematical Aspects of Selection. Cambridge University Press, New York.
85. Levins, R. (1979): Coexistence in a Variable Environment. Nature 114, 765-83.
86. Mailath. G.J. (1992): Introduction to the symposium on evolutionary game theory. Journal of Economic Theory 57, 259-77.
87. Mazzucato, M. (2000): Firm Size, Innovation and Market Structure. Edward Elgar, Cheltenham.
88. Novshek, W. (1980): Cournot Equilibrium with free entry. Review of Economic Studies 47, 473-86.
89. Smith, J.M. (1982): Evolution and the Theory of Games. Cambridge University Press, Cambridge.
90. Stokey, N.L. (1986): The dynamics of industry-wide learning. In: Hell, W., Starr, R. and Starrett, D. (eds), Equilibrium Analysis. Cambridge University Press, New York.
91. Baumol, W. (1967): Business Behavior, Value and Growth. Harcourt, Brace and World, New York.
92. Cohen, W.M. and Levinthal, D.A. (1989): Innovation and learning: The two faces of R&D. Economic Journal 99, 569-96.
93. Denny, M., Fuss, M. and Waverman, L. (1981): The measurement and interpretation of total factor productivity in regulated industries with an application to Canadian telecommunications. In: Cowing, T. and Stevenson, R.E. (eds), Productivity Measurement in Regulated Industries. Academic Press, New York.
94. Folster, S. and Trofimov, G. (1997): Industry evolution and R&D externalities. Journal of Economic Dynamics and Control 21, 1727-46.
95. Jovanovic, B. (1997): Learning and growth. In: Kreps, D.M. and Wallis, K.F. (eds), Advances in Economics and Econometrics. Cambridge University Press, New York.
96. Levin, R.C., Nelson, R.R. and Winter, S.G. (1987): Appropriating the returns from industrial R&D, Brookings Papers on Economic Activity. Washington, DC.
97. Lucas, R.E. (1993): Making a miracle. Econometrica 61, 251-72.
98. Prahalad, C.K. and Hamel, G. (1994): Competing for the Future. Harvard Business School Press, Cambridge.
99. Sengupta, J.K. (1972): Balanced growth path for an expanding multiproduct firm. International Economic Review 13, 553-67.
100. Sengupta, J.K. (2003): New Efficiency Theory. Springer-Verlag, Berlin.
101. Sengupta, J.K. (2004): Dynamic efficiency with learning by doing. International Review of Applied Economics 47, 95-101.
102. Bain, J.S. (1956): Barriers to New Competition. Harvard University Press, Cambridge.
103. Baumol, W.J. (2002): The Free Market Innovation Machine: Analyzing the Growth Miracle of Capitalism. Princeton University Press, Princeton.
104. d'Aspremont, C. and Jacquemin, A. (1988): Cooperative and noncooperative R&D in duopoly with spillovers. American Economic Review 78, 1133-7.
105. Demsetz, H. (1982): Barriers to Entry. American Economics Review 72, 47-57.
106. Fanchon, P. and Sengupta, J.K. (2001): The influence of lags on dynamic efficiency measures. Paper presented in Informs International Conference, Maui, Hawaii, June 17-20.
107. Geroski, P.A. (2003): The Evolution of New Markets. Oxford University Press, Oxford.
108. Gort, M. and Kleeper, S. (1982): Time paths in the diffusion on product innovations. Economic Journal 92, 630-53.
109. Gort, M. and Konakayama, A. (1982): A model of diffusion in the production of an innovation. American Economic Review 72, 1111-20.
110. Griliches, Z. (1957): Hybrid corn: an exploration in the economics of technological change. Econometrica 25, 501-22.
111. Hinloopen, J. (2003): R&D efficiency gains due to cooperation. Journal of Economics 80, 107-25.
112. Jovanovic, B. and Lach, S. (1989): Entry, exit and diffusion with learning by doing. American Economic Review 79, 690-9.
113. Kamien, M.I., Muller, E. and Zang, I. (1992): Research joint ventures and R&D cartels. American Economic Review 82, 1293-1306.
114. Lansbury, M. and Mayes, D. (1996): Entry, exit, ownership and the growth of productivity. In: Mayes, D. (ed.), Sources of Productivity Growth. Cambridge University Press, Cambridge.
115. Lu, D. (2001): Shared network investment. Journal of Economics 73, 299-312.
116. Mazzucato, M. (2000): Firm Size, Innovation and Market. Edward Elgar, Cheltenham, UK.
117. Metcalfe, J.S. (1994): Competition, evolution and the capital market. Metroeconomica 4, 127-54.
118. Norsworthy, J.R. and Jang, S.L. (1992): Empirical Measurement and Analysis of Productivity and Technological Change. North Holland, Amsterdam.
119. Philips, L. (1995): Competition Policy: A Game Theoretic Perspective. Cambridge University Press, Cambridge.
120. von Weizsacker, C.C. (1980): Barriers to Entry. Springer Verlag, Berlin.