How Long to Read Profit Cycles, Oligopoly, and Regional Development

How Long Does it Take to Read Profit Cycles, Oligopoly, and Regional Development?

It takes the average reader 6 hours and 6 minutes to read Profit Cycles, Oligopoly, and Regional Development by Ann R. Markusen

Assuming a reading speed of 250 words per minute. Learn more

Description

The dramatic shifts in heartland regional economies in the U.S. and other advanced industrial countries have thrown into question the ability of capitalist development to produce permanent growth, economic well being, and balanced regional development. This book develops a theory that radically reconceptualizes the economic forces producing regional change and tests it empirically for a set of fifteen sectors in the U.S. It offers a pioneering approach which should enable planners and managers to better cope with baffling changes in the current economic viability of regions. Traditional theories of regional development have failed to account for innovation and longrun structural change. They have ignored the role of corporate strategy and the existence of market power. Markusen's "profit-cycle theory" provides a key to understanding how, why, and when a region's leading industries undergo major changes. The theory is synthetic, building upon Schumpeterian and Marxist work on innovation and capitalist dynamics, upon the product cycle theories of business economists, and upon theories of oligopolistic behavior. Markusen argues that changing sources of profitability along an industry's evolutionary path will first concentrate and later disperse production geographically, setting in motion a methodically destabilizing process for regional economies. The profit-cycle theory is tested in depth against the steel sector's experience over a century, and against the experiences of sectors in different stages of development, ranging from innovative ones like semiconductors and computers, to mature and troubled sectors like automobiles, textiles, and lumber. The temporal and crosssectional data drawn from the census of manufactures support the theory and its spatial hypotheses. In a final chapter Markusen explores the implications of the research for regional development. Ann Markusen is Assistant Professor, Department of City and Regional Planning, University of California, Berkeley.

How long is Profit Cycles, Oligopoly, and Regional Development?

Profit Cycles, Oligopoly, and Regional Development by Ann R. Markusen is 357 pages long, and a total of 91,749 words.

This makes it 120% the length of the average book. It also has 112% more words than the average book.

How Long Does it Take to Read Profit Cycles, Oligopoly, and Regional Development Aloud?

The average oral reading speed is 183 words per minute. This means it takes 8 hours and 21 minutes to read Profit Cycles, Oligopoly, and Regional Development aloud.

What Reading Level is Profit Cycles, Oligopoly, and Regional Development?

Profit Cycles, Oligopoly, and Regional Development is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Profit Cycles, Oligopoly, and Regional Development?

Profit Cycles, Oligopoly, and Regional Development by Ann R. Markusen is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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