Entry and exit of makes in the automobile industry, 1895-1960: An international comparison

Gerhard Rosegger and Robert N Baird

Omega, 1987, vol. 15, issue 2, 93-102

Abstract: The historical patterns of the entry and exit of makes in the automobile industries of France, Germany, Great Britain and the United States are examined. The findings, covering over 3000 makes of passenger vehicle, show great similarities in these patterns, despite the substantial inter-country differences in market size, economic conditions and institutional arrangements. The results justify the conclusion that the evolution of basic technologies, as described in a number of theoretical and empirical studies, is the most important force in shaping the long-term development of industries and markets.

Date: 1987
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