This article summarizes the patterns of firm entry, growth, and exit in the four-digit U.S. manufacturing industries over the period 1963-1982. Entrants are disaggregated into new firms, existing firms that diversify into an industry by opening new production facilities, and existing firms that...

In this article, I use a new dataset on advanced technology usage in U.S. manufacturing plants to describe how technology use varies by plant age and size. The data come from the 1988 Survey of Manufacturing Technology (SMT) and cover a wide range of technologies and a large group of fabrication...

This article develops a dynamic model of nonprice competition in an oligopolistic industry and uses it to analyze advertising competition in the U.S. cigarette industry. The model generalizes existing studies by allowing advertising to affect both firm market shares and the total size of the...