Bibliographic Information

The Convergence of international and domestic markets

edited by David B. Audretsch, Leo Sleuwaegen, Hideki Yamawaki

(Contributions to economic analysis, 180)

North-Holland , Sole distributors for the U.S.A. and Canada, Elsevier Science Pub. Co., 1989

Available at  / 53 libraries

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Note

"Edited version of scholarly papers presented at the Workshop on the Convergence of International and Domestic Markets and Policy Responses in Europe, Japan, and the U.S., which was held in Brussels on December 17-18, 1987"--Foreword

Bibliography: p. 291-293

Includes index

Description and Table of Contents

Description

The articles in this volume, written by leading scholars from a host of different countries, examine the significant transformation which has taken place in the last decade concerning the manner in which international trade occurs. In particular, the increasing trend towards the integration of domestic and international markets is considered. By combing concepts from industrial organisation with internation trade principles, three major types of questions are considered: 1. How have the patterns of trade evolved among the most devloped nations? 2. What accounts for the observed shifts in competitive advantage? and 3. What is the appropriate role for government policy under this new regime of trade patterns? The papers examine, both theoretically and empirically, how market structure characteristics such as scale economies, concentration levels, advertising strategies, R&D strategi;s, and optimal plant size respond to market globalization. In addition those essential factors, including appropriate public policy responses available to countries, which have enabled companies in specific industries and countries to gain the competitive advantage are identified.

Table of Contents

Productivity, Technology and Trade. Efficiency, Productivity Growth and International Trade (R.E. Caves, D.R. Barton). Trade and Scale Economies: A Causality Test for the U.S., Japan, Germany and the U.K. (D. Marin). Market Structure and Foreign Trade. The Interaction between Domestic and Foreign Based Entrants (P.A. Geroski). Exposure of French Manufacturing to International Competition: 1959-1980 (W.J. Adams). Exporting the Capital Markets: Comparative Advantage and Capital Market Imperfections (R.E. Baldwin). Determinants of Trade Advantage. An Empirical Investigation of UK Manufacturing's Trade with the World and the EEC: 1968 and 1980 (B. Lyons). Developing Country Export Competitiveness in Manufactured Goods (H.P. Bowen). The Dynamics of Export Competition (D.B. Audretsch, L. Sleuwaegen, H. Yamawaki). Innovation and Trade. National Policy Responses to Innovative Multinationals with an Application to the Pharmaceutical Industry (P.J. van Cayseele). The Changing Dynamics of International Technological Competition (K.S. Hughes). Market Size, Monopoly Power and Innovations under Uncertainty (M. Neumann). Index.

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