The Dynamics of Industrial Competition: A North American Perspective

Abstract

1. Introduction 2. Firm turnover: Greenfield entry and closedown exit 3. Entry: exit and the merger process 4. The rise and fall of incumbent 5. Patterns of large and small-firm mobility 6. Plant turnover in Canada and the United States 7. Measures of market structure and the intensity of competition 8. The relationship between mobility and concentration 9. Turnover and productivity growth 10. Merger success 11. Turnover in domestic and foreign enterprises 12. Industry efficiency and firm turnover 13. Firm turnover and profitability 14. Modeling entry 15. Conclusion Appendix A. Measuring firm turnover - methodology Appendix B. Definition of concentration and mobility measures Notes References Author index Subject index.