Corporate Demography and Empirical Industrial Organization: A Critical Appraisal

Author: Frech III H.E.

Source: International Journal of the Economics of Business, Volume 9, Number 3, 1 November 2002 , pp. 437-448(12)

Publisher: Routledge, part of the Taylor & Francis Group

Abstract:

The emerging field of corporate demography views corporations and industries in a similar way to human or animal individuals and groups. In spite of a surprisingly large overlap of subject matter with economics, corporate demography is not well-known by, nor easily accessible to economists. An extremely useful recent book, The Demography of Corporations and Industries, by Glenn R. Carroll and Michael T. Hannan (2000) should change that. This review essay critically examines corporate demography from an economic viewpoint. The very different view of competition in corporate demography gets particular attention.

Keywords: ENTRY; EXIT; DEMOGRAPHY; SURVIVOR ANALYSIS; FIRM GROWTH.

Document Type: Research article

Publication date: 2002-11-01

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