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Structural Macroeconomic Change and the Size Pattern of Manufacturing Firms

  • Book
  • © 2003

Overview

Authors:
  1. Fabrizio Traù

    1. Research Department of the Confederation of Italian Industries, Rome, Italy
      Research Associate at the ECRC Centre for Business Research, University of Cambridge, UK

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About this book

The crisis of the so-called Golden Age regime has been paralleled since the late 1960s by an increasing importance of market exchanges as opposed to vertically integrated manufacturing activity, leading to major changes in the size structure of firms. These changes have generally taken the form of an employment shift towards low-scale firms, lower average size and a higher number of manufacturing units. This book tries to explain on theoretical grounds the reasons for such important discontinuity.

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xv
    Download chapter PDF

  2. Introduction

    • Fabrizio Traù
    Pages 1-6

  3. The Macroeconomic Context in Historical Perspective: Exogenous and Endogenous Changes in Firms’ ‘Competitive Environment’

    • Fabrizio Traù
    Pages 7-28

  4. A Theoretical Framework

    • Fabrizio Traù
    Pages 29-50

  5. Empirical Analysis I: Employment Shares and Absolute Employment Growth at the Size Level for Firms and Establishments: Six Industrial Countries in Two Different Phases of Industrial Development

    • Fabrizio Traù
    Pages 51-77

  6. Empirical Analysis II: The Number of Business Units and their Average Size over the Long Run: Models of Industrial Development

    • Fabrizio Traù
    Pages 78-101

  7. Firms versus Plants: a Closer Examination of their Different Behaviour in the Face of Structural Change

    • Fabrizio Traù
    Pages 102-118

  8. Concluding Remarks

    • Fabrizio Traù
    Pages 119-127

  9. Back Matter

    Pages 154-187
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Authors and Affiliations

  • Research Department of the Confederation of Italian Industries, Rome, Italy

    Fabrizio Traù

  • Research Associate at the ECRC Centre for Business Research, University of Cambridge, UK

    Fabrizio Traù

About the author

FABRIZIO TRAÙ is Senior Economist in the Research Department of the Confederation of Italian Industries, Italy, and Research Associate at the ESRC Centre for Business Research at the University of Cambridge, UK

Bibliographic Information

  • Book Title: Structural Macroeconomic Change and the Size Pattern of Manufacturing Firms

  • Authors: Fabrizio Traù

  • DOI: https://doi.org/10.1057/9781403943958

  • Publisher: Palgrave Macmillan London

  • eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)

  • Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 2003

  • Hardcover ISBN: 978-1-4039-1804-8Published: 11 November 2003

  • Softcover ISBN: 978-1-349-51387-1Published: 01 January 2003

  • eBook ISBN: 978-1-4039-4395-8Published: 11 November 2003

  • Edition Number: 1

  • Number of Pages: XV, 187

  • Topics: Macroeconomics/Monetary Economics//Financial Economics, Industries

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