The Convergence of International and Domestic Markets

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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.

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Contents

Efficiency Productivity Growth and International
17
Market Structure and Foreign Trade
55
Comparative
135
Copyright

7 other sections not shown

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About the author (1989)

David B. Audretsch is the Director of the Max Planck Institute of Economics in Jena, Germany. He also serves as a Scholar-in-Residence at the Ewing Marion Kauffman Foundation. In addition, he is an Honorary Professor at the Friedrich Schiller University of Jena, Research Professor at Durham University, a Distinguished Professor and the Ameritech Chair of Economic Development and Director of the Institute for Development Strategies at Indiana University, an External Director of Research at the Kiel Institute for the World Economy, and a Research Fellow of the Centre for Economic Policy Research (London). Dr Audretsch's research has focused on the links between entrepreneurship, government policy, innovation, economic development, and global competitiveness. Dr Audretsch is ranked as the 21st most cited scholar in economics and business, 1996 2006. He is co-founder and co-editor of Small Business Economics: An Entrepreneurship Journal. He was awarded the 2001 International Award for Entrepreneurship and Small Business Research by the Swedish Foundation for Small Business Research.

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