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Introduction: Industrial Recomposition: The Steel Industry in Post‐World War II United States, Germany, and Japan

Gary Herrigel

in Manufacturing Possibilities: Creative Action and Industrial Recomposition in the United States, Germany, and Japan

Published in print:
2010
Published Online:
September 2010
ISBN:
9780199557738
eISBN:
9780191720871
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199557738.003.0098
Subject:
Business and Management, Political Economy

The chapter introduces the core arguments of part one. It outlines how the argument for creative action and recomposition in the postwar history of the steel industry in the US, Germany and Japan ... More


One Political Economy, One Competitive Strategy?: Comparing Pharmaceutical Firms in Germany, Italy, and the UK

Andrea M. Herrmann

Published in print:
2008
Published Online:
January 2009
ISBN:
9780199543434
eISBN:
9780191715693
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199543434.001.0001
Subject:
Business and Management, Strategy, Political Economy

This book examines how firms adapt to the pressures of increasing international competition by testing both the arguments on ‘strategy specialization’ proposed in the competitiveness literature in ... More


Linking Antitrust Legislation, Standards, and Competitive Strategies

Andrea M. Herrmann

in One Political Economy, One Competitive Strategy?: Comparing Pharmaceutical Firms in Germany, Italy, and the UK

Published in print:
2008
Published Online:
January 2009
ISBN:
9780199543434
eISBN:
9780191715693
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199543434.003.0004
Subject:
Business and Management, Strategy, Political Economy

This chapter examines how firms can compete despite comparative disadvantages of national antitrust legislation. It first studies whether pharmaceutical firms in Germany, Italy, and the UK develop ... More


Strengths and Weaknesses of ‘Weak’ Coordination: Economic Institutions, Revealed Comparative Advantages, and Socio-Economic Performance of Mixed Market Economies in Poland and Ukraine

Vlad Mykhnenko

in Beyond Varieties of Capitalism: Conflict, Contradictions, and Complementarities in the European Economy

Published in print:
2007
Published Online:
September 2008
ISBN:
9780199206483
eISBN:
9780191709715
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199206483.003.0013
Subject:
Business and Management, Political Economy

This chapter explores and explains: ‘what type of capitalism has emerged in post-communist Europe?’ and, ultimately, ‘does it work?’. It also critically examines the suitability and applicability of ... More


 Why and How Multinational Corporations Have Altered International Trade

Stephen D. Cohen

in Multinational Corporations and Foreign Direct Investment: Avoiding Simplicity, Embracing Complexity

Published in print:
2007
Published Online:
May 2007
ISBN:
9780195179354
eISBN:
9780199783779
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195179354.003.0010
Subject:
Economics and Finance, International

One of the less contentious issues surrounding MNCs is their significant and still increasing impact on international trade flows and policy. This trend is the result of increasing reliance by large ... More


Introduction

Andrea M. Herrmann

in One Political Economy, One Competitive Strategy?: Comparing Pharmaceutical Firms in Germany, Italy, and the UK

Published in print:
2008
Published Online:
January 2009
ISBN:
9780199543434
eISBN:
9780191715693
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199543434.003.0001
Subject:
Business and Management, Strategy, Political Economy

This introductory chapter gives an outline of the book. It develops the theoretical framework by combining insights from classical trade theory, the market-based view of strategic management studies, ... More


Patterns of Strategy Specialization

Andrea M. Herrmann

in One Political Economy, One Competitive Strategy?: Comparing Pharmaceutical Firms in Germany, Italy, and the UK

Published in print:
2008
Published Online:
January 2009
ISBN:
9780199543434
eISBN:
9780191715693
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199543434.003.0002
Subject:
Business and Management, Strategy, Political Economy

This chapter opens by contrasting two opposing theories on how firms respond to the increasing pressures of international competition: the resource-based view of strategic management on the one hand, ... More


An Introduction to Varieties of Capitalism

Peter A. Hall and David Soskice (eds)

in Varieties of Capitalism: The Institutional Foundations of Comparative Advantage

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199247752
eISBN:
9780191596346
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199247757.003.0001
Subject:
Economics and Finance, Economic Systems

This chapter outlines the theoretical perspective behind a ‘varieties of capitalism’ approach to comparative political economy, emphasizing the central role of the firm as the agent of economic ... More


Wage Bargaining and Comparative Advantage in EMU

Bob Hancké and Andrea Monika Herrmann

in Beyond Varieties of Capitalism: Conflict, Contradictions, and Complementarities in the European Economy

Published in print:
2007
Published Online:
September 2008
ISBN:
9780199206483
eISBN:
9780191709715
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199206483.003.0004
Subject:
Business and Management, Political Economy

This chapter examines the effects of shifts in wage-bargaining systems on the organization of firms in EMU member-states, and argues that the move to coordinated wage bargaining induced by the ... More


Comparative Advantage and Gains from Trade

John P. Burkett

in Microeconomics: Optimization, Experiments, and Behavior

Published in print:
2006
Published Online:
October 2011
ISBN:
9780195189629
eISBN:
9780199850778
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189629.003.0007
Subject:
Economics and Finance, Microeconomics

This chapter discusses the microeconomic concepts of gains from trade and comparative advantage. It explains that gains from trade are particularly large when producers specialize in the goods in ... More


Varieties of Capitalism: The Institutional Foundations of Comparative Advantage

Peter A. Hall and David Soskice (eds)

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199247752
eISBN:
9780191596346
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0199247757.001.0001
Subject:
Economics and Finance, Economic Systems

Applying the new economics of organization and relational theories of the firm to the problem of understanding cross‐national variation in the political economy, this volume elaborates a new ... More


Regional competitiveness: clusters or dynamic comparative advantage?

Ron Martin and Peter Sunley

in Competition, Competitive Advantage, and Clusters: The Ideas of Michael Porter

Published in print:
2011
Published Online:
May 2011
ISBN:
9780199578030
eISBN:
9780191724923
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199578030.003.0012
Subject:
Business and Management, Strategy

This chapter offers a critique of the claim that clustering is a key source of competitive advantage both for the firms involved and for the region where a cluster is located. The chapter examines ... More


The Comparative Advantage of the NICS

Peter C. Y. Chow and Mitchell H. Kellman

in Trade—The Engine of Growth in East Asia

Published in print:
1993
Published Online:
October 2011
ISBN:
9780195078954
eISBN:
9780199855001
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195078954.003.0002
Subject:
Economics and Finance, International

This chapter examines the “revealed comparative advantage” (RCA) of the NICs. Balassa's thesis of “stages of comparative advantage” and measure of RCA is utilized to describe the relative trade ... More


Emulation versus Comparative Advantage: Competing and Complementary Principles in the History of Economic Policy

Erik S. Reinert

in Industrial Policy and Development: The Political Economy of Capabilities Accumulation

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199235261
eISBN:
9780191715617
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199235261.003.0004
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter outlines a broad historical interpretation of industrial policies in modern history, focusing on technological learning, synergies, and increasing returns. Throughout all experiences of ... More


The Competitive Advantage of Nations

John Kay

in The Business of Economics

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198292227
eISBN:
9780191596520
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292228.003.0010
Subject:
Economics and Finance, Microeconomics

This chapter explores how the resource‐base theory of strategy can be extended from the competitive advantage of firms to the competitive advantage of countries. A country's competitiveness will ... More


Agriculture

Cristina C. David

in The Philippine Economy: Development, Policies, and Challenges

Published in print:
2003
Published Online:
November 2003
ISBN:
9780195158984
eISBN:
9780199869107
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195158989.003.0006
Subject:
Economics and Finance, Development, Growth, and Environmental

Argues that the poor performance of the Philippines in agriculture has been due more to weaknesses in the policy and institutional frameworks governing the sector than to real domestic and external ... More


The Government as International Actor

Peter Trepte

in Regulating Procurement: Understanding the Ends and Means of Public Procurement Regulation

Published in print:
2004
Published Online:
March 2012
ISBN:
9780198267751
eISBN:
9780191683350
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198267751.003.0004
Subject:
Law, Constitutional and Administrative Law

Whatever national policies countries seek to pursue by way of procurement regulation or otherwise, their ability to do so effectively is increasingly coming into conflict with the reality of ... More


The Co‐Evolution of Technology, Industrial Structure, and Supporting Institutions

Richard R. Nelson

in Technology, Organization, and Competitiveness: Perspectives on Industrial and Corporate Change

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198290964
eISBN:
9780191596162
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198290969.003.0010
Subject:
Economics and Finance, Microeconomics

There is a large intellectual discrepancy between most formal growth models described by economists and descriptions of growth in economic history. This paper draws on an evolutionary theory of ... More


The Mechanics of Failure and the Secrets of Success

Justin Yifu Lin and Célestin Monga

in Beating the Odds: Jump-Starting Developing Countries

Published in print:
2019
Published Online:
May 2020
ISBN:
9780691192338
eISBN:
9781400884681
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691192338.003.0005
Subject:
Economics and Finance, International

This chapter analyzes the mechanics of failure and the secrets of economic success. Cesar Luis Menotti's strategy's main ingredients could serve as a metaphor for the basic argument in the chapter: ... More


Revealing Comparative Advantage: Chaotic or Coherent Patterns across Time and Sector and U.S. Trading Partner?

J. David Richardson and Chi Zhang

in Topics in Empirical International Economics: A Festschrift in Honor of Robert E. Lipsey

Published in print:
2001
Published Online:
February 2013
ISBN:
9780226060835
eISBN:
9780226060859
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226060859.003.0008
Subject:
Economics and Finance, International

Using Bela Balassa's index of revealed comparative advantage (RCA), this chapter explores the United States' comparative advantage across time, trading partners, and sectors at an increasing level of ... More


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