Abstract
The nineteen eighties must — in retrospect — be considered as an extremely interesting period for students of Industrial Organization (IO). For the US and Western Europe, the decade as a whole signifies turbulent change: having started as the decade of economic crisis it has finished under very prosperous circumstances. Whereas the beginning of the 1980s saw mounting passivity in the business communities of the West, the order of the day is now one of spirit and vivacity. Growth is up again, profits reach unprecedented highs, and business confidence is buoyant. For Japan and several Newly Industrializing Economies (NIEs) the decade has shown an even better economic performance, supported by a further successful competitive performance in world markets.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Auerbach, Paul (1988), Competition. The Economics of Industrial Change, Oxford: Blackwell.
Boyer, Robert (1988), Technical Change and the Theory of ‘Régulation’, in: Dosi, Giovanni, et al., eds., 67–94.
Brealey, R., and S. Myers (1984), Principles of Corporate Finance, 2nd ed., New York: McGraw-Hill.
Carlsson, Bo (1987), Reflections on ‘Industrial Dynamics’. The Challenges Ahead (Rev. Presidential Address to the 12th EARIE-Conference), International Journal of Industrial Organization, 5(2), 135–148.
Caves, R.E. (1988), Mergers, Takeovers, and Economic Efficiency: Foresight vs. Hindsight, Discussion Paper No. 145, Cambridge, Mass.: Harvard Institute of Economic Research, Harvard University (reprinted in the International Journal of Industrial Organization, 7(1), 1989, 151–174).
Devine, P.J., N. Lee, R.M. Jones and W.J. Tyson (1985), An Introduction to Industrial Economics, 4th ed., London: Allen and Unwin.
Dicken, P. (1986), Global Shift. Industrial Change in a Turbulent World, London: Paul Chapman.
Dosi, Giovanni (1988), Sources, Procedures, and Microeconomic Effects of Innovation, Journal of Economic Literature, 26, 1120–1171.
Dosi, Giovanni, and Luc Soete (1988), Technical Change and International Trade, in: Dosi, Giovanni, et al., eds., 401–431.
Dosi, Giovanni, Christopher Freeman, Richard Nelson, Gerald Silverberg and Luc Soete, eds. (1988), Technical Change and Economic Theory, London/New York: Pinter
Dow, G.K. (1987), The Function of Authority in Transaction Cost Economics, Journal of Economic Behaviour and Organization, 8, 13–38.
Duchêne, F., and G. Shepherd (1987), Sources of Industrial Policy, in: Duchêne, F., and G. Shepherd, eds., Managing Industrial Change in Europe, London/New York: Pinter, 7–20.
Dunning, J.H. (1979), Explaining Changing Patterns of International Production: In Defence of the Eclectic Theory, Oxford Bulletin of Economics and Statistics, 41, 269–296.
European Commission (several years), Report on Competition Policy, Brussels/Luxembourg: Commission of the European Communities.
Ferguson, P.R. (1988), Industrial Economics: Issues and Perspectives, London: Macmillan.
Freeman, Chris, and C. Perez (1988), Structural Crises of Adjustment: Business Cycles and Investment Behaviour, in: Dosi, Giovanni, et al., eds., 38–66.
Greenaway, D., and C.R. Milner (1986), The Economics of Intra-Industry Trade, Oxford: Basil Blackwell.
Greer, D.F. (1986), Acquiring in order to avoid acquisition, Antitrust Bulletin, Spring, 155–186.
Golbe, D.L., and L.J. White (1988), A Time-Series Analysis of Mergers and Acquisitions in the U.S. Economy, in: Auerbach, A.J., ed., Corporate Takeovers: Causes and Consequences, An NBER Project Report, Chicago: University of Chicago Press, 265–302.
Hodgson, Geoff M. (1988), Economics and Institutions, Oxford: Polity Press.
Hughes, A. (1989), The Impact of Merger: A Survey of Empirical Evidence for the UK, in: Fairburn, JA., and John A. Kay, eds., Mergers and Merger Policy, Oxford: Oxford University Press, 30–98.
Jarrell, G A., J.A. Brickley and J.M. Netter (1988), The Market for Corporate Control: The Empirical Evidence Since 1980, Journal of Economic Perspectives, 2(1), 49–68.
Johnson, Ch. (1982), MITI and the Japanese Miracle, Stanford: Stanford University Press.
Knickerbocker, F.T. (1973), Oligopolistic Reaction and Multinational Enterprise, Boston: Graduate School of Business Administration, Harvard University.
Kogut, B. (1989), A Note on Global Strategies, Strategic Management Journal, 10(4), 383–389.
Krugman, P., ed. (1986), Strategic Trade Policy and the New International Economics, Cambridge, Mass.: MIT Press.
Latsis, S., ed. (1972), Method and Appraisal in Economics, Cambridge: Cambridge University Press.
MacAvoy, P.W., et al., eds. (1989), Privatization and State-Owned Enterprises, Boston/London/Dordrecht: Kluwer Academic Publishers.
Mowery, D.C. (1989), Collaborative Ventures between U.S. and Foreign Manufacturing Firms, Research Policy, 18(1), 19–32.
Mueller, Dennis C. (1980), A Cross-National Comparison of the Results, in: Mueller, Dennis C, ed., The Determinants and Effects of Mergers. An International Comparison, Cambridge, Mass.: Oelgeschlager, Gunn & Hain, 299–314.
Mueller, Dennis C. (1986a), Profits in the Long Run, Cambridge: Cambridge University Press.
Mueller, Dennis C. (1986b), United States’ Antitrust: At the Crossroads, in: De Jong, Henk W., and W.G. Shepherd, eds., Mainstreams in Industrial Organization, Dordrecht/Boston/London: Kluwer Academic Publishers, 215–241.
Mueller, Dennis C. (1989), Mergers: Causes, Effects and Policies, International Journal of Industrial Organization, 7(1), 1–10.
Nelson, R.R., and S. Winter (1982), An Evolutionary Theory of Economic Change, Cambridge, Mass.: Belknap, Harvard University Press.
Ohmae, K. (1985), Triad Power. The Coming Shape of Global Competition, New York: Free Press.
Pfeffer, J. (1972), Merger as a Response to Organizational Interdependence, Administrative Science Quarterly, 17(3), 382–393.
Piore, M J., and CF. Sabel (1984), The Second Industrial Divide, New York: Basic Books.
Porter, M.E. (1986), Competition in Global Industries: A Conceptual Framework, in: Porter, M.E., ed., Competition in Global Industries, Boston: Harvard Business School Press, 15–60.
Porter, M.E. (1987), From Competitive Advantage to Corporate Strategy, Harvard Business Review, May-June, 43–59.
Quinn, J.B., H. Mintzberg and R.M. James (1988), The Strategy Process, Englewood Cliffs, N J.: Prentice-Hall.
Ravenscraft, D.J., and F.M. Scherer (1987), Mergers, Sell-Offs, and Economic Efficiency, Washington, D.C.: Brookings Institution.
Rhoades, S.A. (1983), Power, Empire Building and Mergers, Lexington, Mass.: Lexington Books.
Roll, R. (1986), The Hubris Hypothesis of Corporate Takeovers, Journal of Business, 59(2), 197–216.
Scherer, F.M. (1988), Corporate Takeovers: The Efficiency Arguments, Journal of Economic Perspectives, 2(1), 69–82.
Shiller, R J. (1984), Stock Prices and Social Dynamics, Brookings Papers on Economic Activity, 2, 457–510.
Stegemann, Klaus (1989), Policy Rivalry Among Industrial States: What can we Learn from Models of Strategic Trade Policy?, International Organization, 43(1), 73–100.
Tyson, L., and John Zysman (1983), American Industry in International Competition: Government Policies and Corporate Strategies, California Management Review, 25(3), 27–52.
Van Tulder, Rob, and Gerd Junne (1988), European Multinationals in Core Technologies, Chichester: John Wiley.
Williamson, O.E. (1985), The Economic Institutions of Capitalism, New York: Free Press.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1990 Kluwer Academic Publishers
About this chapter
Cite this chapter
Dankbaar, B., Groenewegen, J., Schenk, H. (1990). Recent Economic Developments and the Prospects of Industrial Organization. In: Dankbaar, B., Groenewegen, J., Schenk, H. (eds) Perspectives in Industrial Organization. Studies in Industrial Organization, vol 13. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-2073-6_1
Download citation
DOI: https://doi.org/10.1007/978-94-009-2073-6_1
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-7431-5
Online ISBN: 978-94-009-2073-6
eBook Packages: Springer Book Archive