Dynamics of Industry Growth is popular PDF and ePub book, written by Jati Sengupta in 2012-05-02, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Dynamics of Industry Growth can be Read Online from any device for your convenience.
Dynamics of Industry Growth Book PDF Summary
Economic growth of a country depends on its industries. The focus of modern growth theory is basically macroeconomics, although neoclassical models use competitive markets and the optimization behavior of households and firms in general equilibrium framework. The emphasis here is on industry growth, where the microfoundations of industry are analyzed in terms of economic efficiency. The various linkages which link firm growth with the industry growth are discerned here under various market structures both competitive and monopolistic. The role of information in facilitating market signals and allowing the adoption of new processes has been especially emphasized in this volume. Many issues of market failure and the suboptimality of competitive equilibria are due to incomplete and imperfect information structures and we need a comprehensive theory of information structures underlying the process of industry growth and its dynamics. This book will be of interest to economists studying economic and industry growth and innovation.
Detail Book of Dynamics of Industry Growth PDF
- Author : Jati Sengupta
- Release : 02 May 2012
- Publisher : Springer Science & Business Media
- ISBN : 9781461438526
- Genre : Business & Economics
- Total Page : 182 pages
- Language : English
- PDF File Size : 10,6 Mb
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