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Author:Dick, A.
Title:Accounting for semiconductor industry dynamics
Journal:International Journal of Industrial Organization
1994 : MAR, VOL. 12:1, p. 35-51
Index terms:ACCOUNTING
JAPAN
USA
PRODUCTION
Language:eng
Abstract:Dynamic Random Access Memory (DRAM) markets have been characterized by three empirical regularities: rapidly falling prices during early stages of the product cycle; increased average market penetration by Japanese producers over successive product generations; and ostensibly below-cost sales by those firms for prolonged periods. This paper indicates how a competitive model incorporating production experience effects and process technology dissemination can account for each of these industry features.
SCIMA record nr: 111738
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