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The Industrial Economy EC 112

TOPIC 1: OLIGOPOLY AND PROFITS: THE SUPPLY SIDE

(Rattanasuda (Prang) Poolsombat)

Cowling, K. and Tomlinson, P. (2005), “Globalisation and Corporate Power”, Contributions to Political Economy, 24, 33-54.

Daripa, A. and Kapur, S. (2001), “Pricing on the Internet”, Oxford Review of Economic Policy, 17, 202-216.

Pagoulatos, E. and Sorenson, R. (1986), “What Determines the Elasticity of Industry Deamnd?”, International Journal of Industrial Organization, 4, 237-250.

Singh, K., Utton, M. and Waterson, M. (1998), “Strategic Behaviour of Incumbent Firms in the UK”, International Journal of Industrial Organization, 16, 229-252.

Smiley, R. (1988), “Empirical Evidence on Strategic Entry Deterrence”, International Journal of Industrial Organization, 6, 167-180.

 

TOPIC 2: THE REALISATION OF PROFITS: FROM SUPPLY TO DEMAND

(Rattanasuda (Prang) Poolsombat)

Cowling, K. and Tomlinson, P. (2005), “Globalisation and Corporate Power”, Contributions to Political Economy, 24, 33-54.

Banks, J., Smith, Z. and Wakefield, M. (2001), “The Distribution of Financial Wealth in the UK: Evidence from 2000 BHPS Data”, Institute for Fiscal Studies, WP02/21, London: IFS.

Chirinko, R. (1993), “Business Fixed Investment Spending: Modeling Strategies, Empirical Results, and Policy Implications”, Journal of Economic Literature, 31, 1875-1911.

Ruggles, R. (1993), “Accounting for Saving and Capital Formation in the United States, 1947-1991”, Journal of Economic Perspectives, 7, 3-17.

Tomlinson, P. (2002), “The Real Effects of Transnational Activity upon Investment and Labour Demand within Japan’s Machinery Industries”, International Review of Applied Economics, 16, 107-129.

 

TOPIC 3: INTERNATIONAL COMPETITION & THE TRANSNATIONAL ORGANISATON OF PRODUCTION

(Phil Tomlinson)

Lecture Notes Topic 3

Aoki, M. (1990). “Toward an economic model of the Japanese firm”, Journal of Economic Literature, 28, 1-27

Coase R. (1937) “The Nature of the Firm”, Economica, 4, 386-405

Coffey D. and Tomlinson P. (2003) "Globalization, vertical relations, and the J-mode firm", Journal of Post Keynesian Economics, 26, 117-144

Cowling K. and Sugden R. (1998) “The Essence of the Modern Corporation: Markets, Strategic Decision-Making and the Theory of the Firm”, The Manchester School, 66, 59-86

Pitelis, C. (1996) "Effective Demand, Outward Investment and the (Theory of the) Transnational Corporation: An empirical investigation", Scottish Journal of Political Economy, 43, No.2, 192-206

 
TOPIC 4: LABOUR, GOVERNMENT & CORPORATIONS

(Phil Tomlinson)

Lecture notes

Coffey D. and Tomlinson P.R. (2005) "Multiple Facilities, Strategic Splitting and Vertical Structures: Stability, Growth and Distribution Reconsidered", The Manchester School (forthcoming).

Cowling K. and Tomlinson P.R. (2000) “The Japanese Crisis – A Case of Strategic Failure?Economic Journal, 110 (June): F358-F381.

Cowling K. and Tomlinson P.R. (2002) “Revisiting the Roots of Japan’s Economic Stagnation: the Role of the Japanese Corporation International Review of Applied Economics, Vol. 16, No. 4.

 

TOPIC 5:ECONOMIC GLOBALISATION AND DEVELOPMENT

(Roger Sugden and Jamie Wilson)

Sugden R. and J.R. Wilson (2002), ‘Economic Development in the Shadow of the Consensus: A Strategic Decision-Making Approach’, Contributions to Political Economy, 21, 111-134.

 

TOPIC 6: PUBLIC POLICY AND ECONOMIC GLOBALISATION

(Roger Sugden and Jamie Wilson)

Branston, J. R., Sugden, R., Valdez, P. and J.R. Wilson (2006b, forthcoming). ‘Creating Participation and Democracy: Electricity Reform in Mexico’, International Review of Applied Economics.

Cowling, K. and R. Sugden (1999). ‘The Wealth of Localities, Regions and Nations: Developing Multinational Economies’, New Political Economy, 4, 361-378.

Sugden, R., Wei, P. and Wilson, J. (2005). "Clusters, Governance and the Development of Local Economies: A Framework for Case Studies", mimeo, University of Birmingham, available from lecturers.

Sugden R. and J.R. Wilson (2005) “Economic Globalisation: Dialectics, Conceptualisation and Choice”, Contributions to Political Economy, 24, 1-20.