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Author Sengupta, Jatikumar.

Title Efficiency, market dynamics and industry growth / Jati Sengupta and Phillip Fanchon
Published Basingstoke [England] ; New York : Palgrave Macmillan, 2009


Description 1 online resource (ix, 164 pages) : illustrations
Contents Technology, Efficiency and Market Structure -- Introduction -- Technology Creation and Diffusion -- Efficiency Models of Industry Growth -- Industry Growth in Cournot-Nash Framework -- Concluding Remarks -- Efficiency Models of Industry Growth -- Introduction -- Production and Cost Dynamics -- Adjustment Cost Dynamics -- Scale Economies and Learning by Doing -- Pareto Efficiency Frontier: DEA approach -- Industry Growth and Optimal Investment -- Concluding Remarks -- Growth of High-Tech industries: Computers and Pharmaceuticals -- Introduction -- Measuring Production Efficiency and Growth -- Stochastic Frontier Analysis -- DEA Models -- Efficiency in Computer Industry -- Efficiency in Pharmaceutical Industry -- Concluding Remarks -- Pricing Strategies under Innovations -- Introduction -- R & D and Market Structure -- Strategies of a Dominant Firm -- Limit Pricing with Technological Change and Internal Finance -- Appendix -- Dynamic Models of Productivity and Efficiency -- Introduction -- Dynamic DEA Models -- Growth and Technology -- Industry Evolution and Innovation -- Hypercompetitive Market Structures -- Efficiency and Growth of the Telecom Industry -- Introduction -- Entry and Efficiency -- Market Deregulation -- Capital Expenditures -- Geographic Separation of Markets -- R & D and Productivity -- Measuring Efficiency -- Ingredients for Efficiency -- Concluding Remarks
Summary The dynamics of industry growth, technology and globalization have a dramatic impact on the current economic growth of nations, significantly changing the market structure and world trade, and challenging the competitive equilibrium and their guiding principles. In the world of innovations and spill-over of R & D effects, various forms of non-competitive market structures have evolved in recent times. This book analyzes the new paradigm of change in technology intensive industries, with an emphasis in three main areas; non-parametric models of growth, sources of industry growth and non-competitive market structures in a dynamic framework. The authors to this volume utilise theoretical and empirical analysis to examine the role of R & D investment and Solow-type technical progress, using the non-parametric methods of efficiency analysis, also known as Data Envelopment Analysis. This book is essential reading for all interested in economic theory and innovation
Bibliography Includes bibliographical references and index
Notes English
Print version record
Subject Industrial productivity -- Mathematical models
Industrial efficiency -- Mathematical models
Industries -- Mathematical models
Economic theory & philosophy.
TECHNOLOGY & ENGINEERING -- Industrial Technology.
Industrial efficiency -- Mathematical models.
Industrial productivity -- Mathematical models.
Industries -- Mathematical models.
Technischer Fortschritt.
Wirtschaftliche Effizienz.
Form Electronic book
Author Fanchon, Phillip.
LC no. 2009044606
ISBN 9780230248663