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Price Dynamics and Industrial Structure

Price Dynamics and Industrial Structure
Author: A. Blundell-Wignall
Publisher:
Total Pages: 29
Release: 1983
Genre: COMTAP (Information retrieval system)
ISBN:

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Commodity Price Dynamics

Commodity Price Dynamics
Author: Craig Pirrong
Publisher: Cambridge University Press
Total Pages: 238
Release: 2011-10-31
Genre: Business & Economics
ISBN: 1139501976

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Commodities have become an important component of many investors' portfolios and the focus of much political controversy over the past decade. This book utilizes structural models to provide a better understanding of how commodities' prices behave and what drives them. It exploits differences across commodities and examines a variety of predictions of the models to identify where they work and where they fail. The findings of the analysis are useful to scholars, traders and policy makers who want to better understand often puzzling - and extreme - movements in the prices of commodities from aluminium to oil to soybeans to zinc.


Industrial Structure in the New Industrial Economics

Industrial Structure in the New Industrial Economics
Author: Giacomo Bonanno
Publisher: Oxford University Press, USA
Total Pages: 192
Release: 1990
Genre: Business & Economics
ISBN:

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This is a collection of surveys of the most important branches of the New Industrial Organization literature, written by the leading figures in the recent theoretical development of this field. Their common theme is the endogeneity of industrial structure.


Structural Economic Dynamics

Structural Economic Dynamics
Author: Luigi Pasinetti
Publisher: Cambridge University Press
Total Pages: 212
Release: 2006-11-02
Genre: Business & Economics
ISBN: 9780521029766

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This book is a theoretical investigation of the influence of human learning on the development through time of a 'pure labour' economy. The theory proposed is a simple one, but aims to grasp the essential features of all industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in industrial societies: capital accumulation and technical progress. Attention has been concentrated on the former. In this book, by contrast, technical progress is assigned the central role. Within a multi-sector framework, the author examines the structural dynamics of prices, production and employment (implied by differentiated rates of productivity growth and expansion of demand) against a background of 'natural' relations. He also considers a number of institutional problems. Institutional and social learning, know-how, and the diffusion of knowledge emerge as the decisive factors accounting for the success and failure of industrial societies.


Price Dynamics in Japan (1981-2001)

Price Dynamics in Japan (1981-2001)
Author: Nicolas Canry
Publisher:
Total Pages: 40
Release: 2018
Genre:
ISBN:

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This paper aims to provide an alternative framework to previous studies of deflation in Japan. We focus on the real dimension of the price dynamics and propose an imperfect competition model, which describes a rent economy, where the formation of prices can be separated into the markup (level of the rent in the goods market) and the unit labor cost (distribution of the rent in the labor market). We use a panel industry dataset to analyze the impact of institutional and structural factors on the heterogeneous price dynamics of 10 manufacturing sectors. Although the evolution of unit labor costs seems to be the driving force of price dynamics in the manufacturing industry, our structural analysis leads to consider the importance of the increasingly competitive environment, as captured by rising import penetration. Along with the decline of bargaining power of the workforce, this is at the origin of the deflationary pressures that characterized the Japanese economy during the Lost Decade.


Industry Structure and Pricing

Industry Structure and Pricing
Author: Mark A. Jamison
Publisher: Springer Science & Business Media
Total Pages: 212
Release: 2013-03-09
Genre: Business & Economics
ISBN: 1475754566

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Industry Structure and Pricing: The New Rivalry in Infrastructure extends current economic models by incorporating effects of actual and potential rivalry in markets outside the markets of immediate interest. Focusing on the contestable model, the author shows how diverse patterns of actual and potential rivalry, called multilateral rivalry or MLR, affect the appropriateness of many regulatory policies. It is specifically shown that many conclusions of the contestability literature are overly generous to firms that might want to protect or extend their monopoly positions. While this book's refinement to existing economic theory gives strong results, it is still based on static production functions and demands - integrated to provide a dynamic view of multilateral rivalry.


Resources, Production and Structural Dynamics

Resources, Production and Structural Dynamics
Author: Mauro L. Baranzini
Publisher: Cambridge University Press
Total Pages: 521
Release: 2015-04-30
Genre: Business & Economics
ISBN: 1316299724

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Economists since the First Industrial Revolution have been interested in the links between economic growth and resources, often pointing to resource scarcities as a hindrance to growth. Offering a counter perspective, this volume highlights the positive role that scarcities can play in inducing technical progress and economic growth. It outlines a structural framework for the political economy of scarcity and rents, and offers a novel way of organizing the evidence concerning the role of resources in industrial growth. This book proposes a major shift in the treatment of scarcity issues by focusing on bottlenecks and opportunities arising within the production system, and will appeal to economists and policy makers interested in the role of resources as triggers of structural change.