This book describes the history and current capabilities of Ethiopia’s leading industrial companies (agribusiness, manufacturing and construction), focusing on 50 key large and mid-size firms. The motivation for the study is to help with the expansion of economic capabilities in the country by...

What economic mechanisms underlie the polarisation of the world economy into the ‘high wage’ industrialised countries, and the less developed ‘low wage’ countries? Should we expect the two groups to converge over time, or to diverge? What economic mechanisms come into play as LDCs...

This book describes the history and current capabilities of Ethiopia’s leading industrial companies (agribusiness, manufacturing and construction), focusing on 50 key large and mid-size firms. The motivation for the study is to help with the expansion of economic capabilities in the country by...

This paper examines the evolution of a skew distribution of firm sizes from the viewpoint of the 'Bounds' approach to market structure. It confines attention to the role played by non-strategic factors (statistical independence, and cost side effects). A model is proposed, which leads to a...

This paper traces the time series (?Growth of Firms?) tradition in the study of market structure and looks at how recent studies on entry and the size distribution of firms have modified thinking in this area.

This paper introduces a novel analysis of the classic “persistence of leadership” question, and applies it to a newly constructed dataset for Japanese manufacturing. The analysis rests on an appeal to an empirical “scaling relationship” between current market share and the variance of...

This paper reviews the recent literature on game-theoretic models of market structure and their empirical implementation.