Industrial Organization in the European Union Structure, Strategy, and the Competitive Mechanism

by Davies, Stephen; Lyons, Bruce

• ISBN13: 9780198289739
• ISBN10: 0198289731
• Format: Hardcover
• Copyright: 1996-10-31
• Publisher: Clarendon Press

Summary

This book presents the first ever comprehensive picture of the concentration, integration, multinationality, and diversification of industry and firms, based on a newly constructed micro-level database. At the theoretical level, it develops a new way of integrating the insights of international trade, industrial organization, international business, and corporate strategy: by understanding the reasons for the industrial structure we observe, it argues, much can be learnt about the underlying competitive processes that generated this structure in the context of current European integration. The insight from an econometric analysis of the various dimensions of indsutrial structure are applied to address policy-relevant questions.

Author Biography

Stephen Davies is Professor of Economics at the Economics Research Centre, School of Economic and Social Studies, University of East Anglia, Norwich.

Table of Contents

List of Authors	p. x
Preface	p. xv
Background	p. 1
Introduction	p. 3
Eu Manufacturing Industry in Context	p. 12
The Eu Market Share Matrix	p. 34
The Structure of Eu Industries	p. 47
The Dimensions of Industrial Structure	p. 49
Specialization, Trade, and Integration	p. 66
Industrial Concentration	p. 86
Intra-Eu Multinationality of Industries	p. 105
Non-Eu Multinationals in the Eu	p. 129
Conclusion	p. 141
Appendix to Chapter 8	p. 141
The Strategy of Eu Firms	p. 143
The Dimensions of Corporate Strategy	p. 145
Determinants of Diversification Patterns	p. 168
Multinationality at the Firm Level	p. 184
Alternative Corporate Strategies: Multinationality Versus Diversification	p. 203
Implications	p. 213
Public Procurement Industries	p. 215
Conclusions and Applications	p. 233
Indices of Industry and Firm Structure and the Three Core Decompositions	p. 249
the Matrix Industries and Firms	p. 257
Data Sources for Explanatory Variables	p. 272
Bibliography	p. 279
Index	p. 285
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