The Life Cycle of the U.S. Tire Industry
Introduces a theory of industry evolution and its application to the United States tire industry. Cause of the nonmonotonicity in firm numbers found in many young industries; Early stages of the industry life cycle; Effect of high unit cost and profit margins; Effect of declining unit cost and increasing competition; Model's explanation of the paths of output, price level and firm numbers.
|Keywords||industrial revolution, tire industry|
Carree, M.A., & Thurik, A.R.. (2000). The Life Cycle of the U.S. Tire Industry. Southern Economic Journal, 254–278. Retrieved from http://hdl.handle.net/1765/15885