Author: George ChristodoulopoulosPublisher:
ISBN:
Category :
Languages : en
Pages : 466
Book Description
International Competition and Industrial Rates of Return
Author: George ChristodoulopoulosPublisher:
ISBN:
Category :
Languages : en
Pages : 466
Book Description
International Competition and Exchange Rate Shocks
Author: John Meredith GriffinPublisher:
ISBN:
Category : Competition, International
Languages : en
Pages : 41
Book Description
It is widely accepted that, for some industries, competition across countries is" economically important and that this competition is strongly affected by exchange rate changes." This paper explores the validity of this view using weekly stock return data on 320 industry pairs" in six countries from 1975 to 1997. It is found that common shocks to industries across countries" are more important than competitive shocks. Weekly exchange rate shocks explain almost" nothing of the relative performance of industries. Using returns measured over longer horizons the importance of exchange rate shocks increases slightly and the importance of common shocks" to industries increases more substantially. Both industry and exchange rate shocks are more" important for industries that produce goods traded internationally, but the importance of these" shocks is economically small for these industries as well
International Competition and Industrial Change
Author: Charles HarveyPublisher: Routledge
ISBN: 1135186693
Category : Business & Economics
Languages : en
Pages : 188
Book Description
First Published in 1990. This collection of essays is intended shed light upon key issues in the history of mining and metallurgy: issues such as investment and organisation; professionalisation; the impact of technological change; and the problematic relationship between mineral wealth and sustained economic development.
Capital and Rates of Return in Manufacturing Industries
Author: George Joseph StiglerPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 272
Book Description
International Competition and Exchange Rate Shocks
Author: John Meredith GriffinPublisher:
ISBN:
Category : Competition, International
Languages : en
Pages : 43
Book Description
American Industry in International Competition
Author: John ZysmanPublisher: Cornell University Press
ISBN: 1501744976
Category : Political Science
Languages : en
Pages : 439
Book Description
This book addresses the crucial question of America's adjustment to changes in the international economy. It examines policies that will deal effectively with the continuing erosion of the U.S. share of exports and production in world markets and explores in particular the debate on "industrial policy."
Global Competition
Author: United States. President's Commission on Industrial CompetitivenessPublisher:
ISBN:
Category : Commerce
Languages : en
Pages : 478
Book Description
Alternative Theories of Competition
Author: Jamee K. MoududPublisher: Routledge
ISBN: 1136241159
Category : Business & Economics
Languages : en
Pages : 362
Book Description
The history of policymaking has been dominated by two rival assumptions about markets. Those who have advocated Keynesian-type policies have generally based their arguments on the claim that markets are imperfectly competitive. On the other hand laissez faire advocates have argued the opposite by claiming that in fact free market policies will eliminate "market imperfections" and reinvigorate perfect competition. The goal of this book is to enter into this important debate by raising critical questions about the nature of market competition. Drawing on the insights of the classical political economists, Schumpeter, Hayek, the Oxford Economists’ Research Group (OERG) and others, the authors in this book challenge this perfect versus imperfect competition dichotomy in both theoretical and empirical terms. There are important differences between the theoretical perspectives of several authors in the broad alternative theoretical tradition defined by this book; nevertheless, a unifying theme throughout this volume is that competition is conceptualized as a dynamic disequilibrium process rather than the static equilibrium state of conventional theory. For almost all the others the growth of firm is consistent with a heightened degree of competitiveness, as both Marx and Schumpeter emphasized, and not a lowered one as in the conventional 'monopoly capital' view.
The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy
Author: Reda CherifPublisher: International Monetary Fund
ISBN: 1498305563
Category : Business & Economics
Languages : en
Pages : 79
Book Description
Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be replicated. Using a theory and empirical evidence, we argue that one can learn more from miracles than failures. We suggest three key principles behind their success: (i) the support of domestic producers in sophisticated industries, beyond the initial comparative advantage; (ii) export orientation; and (iii) the pursuit of fierce competition with strict accountability.
Author: