Demand Fluctuations and Firm Heterogeneity
作者： Bhaskar J. Das , William F. Chappell , William F. Shughart II
DOI: 10.2307/2950617
关键词: Manufacturing 、 Production efficiency 、 Industrial organization 、 Market share 、 Production (economics) 、 Flexibility (engineering) 、 Economics 、 Distribution (economics) 、 Negative relationship 、 Microeconomics 、 Economics and Econometrics 、 Accounting 、 General Business, Management and Accounting
摘要: This paper reports evidence supporting the hypothesis that production flexibility is one of forces explain differences in distribution firm sizes across industries. Using a data set composed annual observations on 163 four-digit manufacturing industries over period 1978-88, authors find negative relationship between market share and sales variability. empirical result suggests large small fir ms each have their own efficiency niches. While firms enjoy advantage static efficiency, flexible technologies enable them to respond better changin g demand conditions. Copyright 1993 by Blackwell Publishing Ltd.
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