Issue 4

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June 1981
Articles: 

Profitability Measures as Indicators of Post-Merger Efficiency

 IN recent years a number of academic studies in industrial economics and company finance have measured the profitability of companies before and after merger.

Cyclical Wage Flexibility, Inflation, and Industrial Structure: An Alternative View and Some Empirical Evidence

 RECENT discussion in the literature has emphasized the micro-economic impact of industrial concentration on macro-economic wage and price inflation.

Product Durability and Market Structure: Some Evidence

 CHANGES in product durability disturb existing supply and demand relation- ships.

Entry, Mulitiple-Brand Firms and Market Share Instability

 CONSIDERABLE effort has been directed toward analyzing the effect of entry on the behavior and performance of the firms supplying a market.1 Evidence has been presented suggesting that the entry

Determinants of the Variance in Market Shares in Canadian Manufacturing

 COMMONLY used measures of industrial concentration can be expressed as functions of the number of firms in an industry and a measure of firm size inequality.

Product Regulations: A Measure of the Benefits

 REGULATIONS designed to alter the quality of products and services produced in the US have increased rapidly in the last few years.

Profits, Regulation and the Uk Aerospace Industry

 FEW studies exist on the determination of profitability in UK Government- regulated industries.1 Aerospace is an ideal industry to study since it is dependent on Government contracts which have

Pricing Objectives in British Manufacturing Industry

 THIS paper is concerned with the pricing and profit objectives of 728 British manufacturing firms.1 It reports findings about the incidence of their principal and subordinate goals, the multipli

Does the Choice on Concentration Measure Really Matter?

 A COMMON observation in industrial organization literature is that the measure of 'concentration' used to describe an industry or to relate its structure to performance is an issue of at most se