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The Dynamics of the Number of Firms in an Industry.

An explanation of the rise and fall of firms' output levels is not sufficient to account for the changes in the quantity produced by an entire industry, since these will often be accompanied by changes in the number of firms. It seems plausible that the factors governing the creation or annihilation...

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Published in:Review of Economic Studies Vol. 35; no. 3; pp. 349 - 354
Main Authors: Howrey, E.P., Quandt, R.E.
Format: Article
Published: Oxford University Press / USA Jul68
Subjects:
Industries
Industries & economics
Competition
Production (Economic theory)
Business enterprises
Demand function
Mathematical models
Supply & demand
Economic demand
Production planning
Online Access:View this record in EBSCOhost