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020 _a9781461438526
_9978-1-4614-3852-6
024 7 _a10.1007/978-1-4614-3852-6
_2doi
050 4 _aHD72-88
072 7 _aKCG
_2bicssc
072 7 _aBUS068000
_2bisacsh
072 7 _aKCG
_2thema
082 0 4 _a338.9
100 1 _aSengupta, Jati.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
245 1 0 _aDynamics of Industry Growth
_h[electronic resource] /
_cby Jati Sengupta.
250 _a1st ed. 2012.
264 1 _aNew York, NY :
_bSpringer New York :
_bImprint: Springer,
_c2012.
300 _aX, 178 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _a1.Theory of Industry Growth -- 2. A Pareto Model of Efficiency Dynamics -- 3. Market Dynamics and Growth -- 4. Market Rivalry and Interdependence -- 5. Technology and Innovations -- 6. Industry Evolution Mechanisms -- 7. Information and Efficiency.
520 _aEconomic growth of a country depends on its industries. The focus of modern growth theory is basically macroeconomics, although neoclassical models use competitive markets and the optimization behavior of households and firms in general equilibrium framework. The emphasis here is on industry growth, where the microfoundations of industry are analyzed in terms of economic efficiency. The various linkages which link firm growth with the industry growth are discerned here under various market structures both competitive and monopolistic. The role of information in facilitating market signals and allowing the adoption of new processes has been especially emphasized in this volume. Many issues of market failure and the suboptimality of competitive equilibria are due to incomplete and imperfect information structures and we need a comprehensive theory of information structures underlying the process of industry growth and its dynamics. This book will be of interest to economists studying economic and industry growth and innovation.
650 0 _aEconomic growth.
650 0 _aEconomic theory.
650 0 _aPolitical science.
650 1 4 _aEconomic Growth.
_0https://scigraph.springernature.com/ontologies/product-market-codes/W44000
650 2 4 _aEconomic Theory/Quantitative Economics/Mathematical Methods.
_0https://scigraph.springernature.com/ontologies/product-market-codes/W29000
650 2 4 _aPolitical Science.
_0https://scigraph.springernature.com/ontologies/product-market-codes/911000
710 2 _aSpringerLink (Online service)
773 0 _tSpringer Nature eBook
776 0 8 _iPrinted edition:
_z9781489986221
776 0 8 _iPrinted edition:
_z9781461438533
776 0 8 _iPrinted edition:
_z9781461438519
856 4 0 _uhttps://s443-doi-org.br.lsproxy.net/10.1007/978-1-4614-3852-6
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