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Industrial Organization : Competition, Growth and Structural Change - Kenneth D. George

Industrial Organization

Competition, Growth and Structural Change

Paperback Published: 1st October 1992
ISBN: 9780415078504
Number Of Pages: 480

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As most economies remain caught in a global recession that shows little sign of abatement, the importance of maintaining a flourishing industrial sector for the economic well-being of a country becomes even more crucial. Industrial Organisation, now in its fourth edition, provides a clear and definitive introduction to this subject. The book addresses economic problems and policy issues that arise from the activities of firms. The authors reject the traditional micro-economic analysis of market structure in favor of a study of conduct and performance in the context of macro-economic policy and the environment which this provides for firms. Substantially revised and updated to incorporate developments in the subject since the publication of the last edition,Industrial Organisationincludes four new chapters which reflect the major new areas of interest in industrial economics over the last decade. These include the increasing importance of theservice sector and problems of relatively low productivity growth within this, and questions relating to increased levels of international competition in a more open world economy. It provides a comparative study of the United States, the United Kingdom, and the European Community. Mathematics and econometric knowledge are kept to a minimum, making this the most accessible and stimulating introduction available on this subject.

List of tables and figures
Preface
Introduction
Structural changep. 1
Business goals and behaviourp. 27
The growth of firmsp. 61
Business performancep. 99
Market structurep. 129
Dominant firmsp. 159
Oligopoly pricingp. 181
Product differentiationp. 213
Invention and innovationp. 232
Potential competition and entry deterrencep. 260
Market structure, conduct and profitabilityp. 281
Welfare losses and resource misallocationp. 314
Natural monopolyp. 335
Introducing competitionp. 362
Maintaining competition: restrictive practices policyp. 380
Maintaining competition: monopoly and merger policyp. 405
Referencesp. 430
Indexp. 444
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780415078504
ISBN-10: 0415078504
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 480
Published: 1st October 1992
Country of Publication: GB
Dimensions (cm): 23.27 x 16.15  x 3.58
Weight (kg): 0.74
Edition Number: 4
Edition Type: New edition