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Industrial Organization


Industrial organization is a field of economics that studies the structure of and boundaries between firms and markets and the strategic interactions of firms. The study of industrial organization adds to the perfectly competitive model real-world frictions such as limited information, transaction costs, costs of adjusting prices, government actions, and barriers to entry by new firms into a market that may be associated with imperfect competition.

 
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Proposed New Industry Structure for Fabricated Metal Product Manuf...

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The Fabricated Metal Product Manufacturing industries transform metal into intermediate or end products, other than machinery, computers and electronics, and metal furniture. Some important fabricated metal processes are forging, stamping, bending, forming, and machining, which are used to shape individual pieces of metal. Processes such as welding and assembling are used to join separate parts together. Establishments may use one of these processes or they may ...

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Proposed New Industry Structure for Machinery Manufacturing

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The industries included in the Machinery Manufacturing subsector create end products that apply mechanical force, for example, the application of gears and levers to perform work. Some important processes for manufacture of machinery are forging, stamping, bending, forming, and machining that are used to shape individual pieces of metal. Processes such as welding and assembling are used to join separate parts together. These processes are similar to those used i...

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Proposed New Industry Structure for Electrical Equipment, Applianc...

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The Electrical Equipment, Appliance and Component Manufacturing industries create products that generate, distribute and use electrical power. While establishments classified in many parts of manufacturing make products that use electricity, the manufacture of electric lighting equipment and signs and household appliances require particular attention to the application of electricity. That is the reason for their inclusion in this subsector. Electrical Equipment...

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Proposed New Industry Structure for Transportation Equipment Manuf...

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The Transportation Equipment Manufacturing industries produce equipment for transporting people and goods. Assembly of components, usually purchased as subassemblies, characterizes the chief production process in this subsector. Other processes employed in industries in this subsector include bending, forming, welding, machining, and assembly of metal or plastic to make parts for the subassemblies that are further fabricated into the finished product by other es...

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Proposed New Industry Structure for Educational Services

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: Educational services industries provide instruction and training in a wide variety of subjects. The industry groups within this subsector (Elementary and Secondary Schools; Junior Colleges; Colleges, Universities, and Professional Schools; Business, Computer and Management Training Schools; Technical and Trade Schools; Miscellaneous Schools and Instruction; and Educational Support Services) are based on the level of educational services provided, and therefore o...

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Proposed New Industry Structure for Computer and Electronic Produc...

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The Computer and Electronic Product Manufacturing industries produce computers, computer peripherals, communications equipment, and similar electronic products, together with components for such products. The treatment of this subsector in NAICS differs substantially from past national classifications in all three countries, and also from other international classifications. First, in NAICS the computer and electronic product manufacturing industries have been e...

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Proposed New Industry Structure for Furniture Manufacturing

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: Furniture Manufacturing includes establishments that produce articles such as chairs, beds, mattresses, dressers, tables and desks for human comfort, convenience and utility. Processes used in the manufacture of furniture include the cutting, bending, molding, laminating and assembly of such materials as wood, metal, glass, plastics, and rattan. In addition, design and fashion trends play an important part in the production of furniture. The production process f...

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Proposed New Industry Structure for Printing and Related Support A...

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: Printing and Related Support Activities industries print products such as newspapers, books, periodicals, business forms, greeting cards, and other material. Support activities, such as bookbinding, plate making, and data imaging are also included in this subsector. These activities are an integral part of the printing industry, and a product (a printing plate, a bound book, or a computer disk or file) that is an integral part of the printing industry is almost ...

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Proposed New Industry Structure for Professional, Scientific and T...

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The statistical agencies of Canada, Mexico, and the United States have agreed to place major emphasis on improved services classifications in NAICS. In their July 26, 1994 statement of concept for NAICS (Federal Register, Vol. 59, No. 142, p.38094), they stated: ?Statistical agencies of the three countries agree to give special attention to developing production-oriented classifications for (a) new and emerging industries, (b) service industries in general ... ?

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Proposed New Industry Structure for Information

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The expressions ?information age? and ?global information economy? are used with considerable frequency today. The general idea of an ?information economy? includes both the notion of industries primarily producing, processing, and distributing information, as well as the idea that every industry is using available information and information technology to reorganize and make themselves more productive. For the purpose of developing NAICS, it is the transformati...

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Proposed New Industry Structure for Wood Product Manufacturing, Ex...

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The Wood Product Manufacturing, Except Furniture industries produce wood products such as lumber, hardwood and softwood plywood and veneers, wood containers, wood flooring and trusses, mobile homes, and prefabricated wood buildings. The production processes of the Wood Product Manufacturing, Except Furniture industries include sawing, planing, shaping, laminating and sometimes assembly of wood, starting from logs that are cut into bolts, planks, or boards that t...

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Proposed New Industry Structure for Rental and Leasing

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The Rental and Leasing subsector includes establishments that acquire and own a wide variety of tangible goods, such as machinery, equipment, computers and consumer goods, and rent or lease these goods to customers, businesses or individuals in return for a periodic rental or lease payment. The subsector includes two main types of establishments: those that provide rental of various consumer goods and equipment and those that provide longer term leases for machi...

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Proposed New Industry Structure for Repair and Maintenance

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: In the current classification systems of the three countries, repair and maintenance establishments are included in many different categories based on the type of item being repaired. Further, repair and maintenance industries are dispersed among many industry categories in ISIC. The NAICS structure brings together most types of repair and maintenance establishments and categorizes them based on production processes, that is, on the type of repair and maintenanc...

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Proposed New Industry Structure for Management and Support Services

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The statistical agencies of Canada, Mexico, and the United States have agreed to place major emphasis on improved services classifications in NAICS, and to give special attention to developing production-oriented classifications for new and emerging industries and service industries in general. Most past services classifications, including the International Standard Industrial Classification of all Economic Activities (ISIC, Revision 3) have two analytical inade...

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Proposed New Industry Structure for Finance and Insurance

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The Finance and Insurance sector consists of establishments primarily engaged in financial transactions ? that is, transactions involving the creation, liquidation, or change in ownership of financial assets ? or in facilitating financial transactions. Three principal types of activities can be identified: Some establishments raise funds by taking deposits and/or issuing securities, and, in the process, incur liabilities. They use these funds to acquire financia...

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Proposed New Industry Structure for Retail Trade and Wholesale Trade

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The NAICS definitions of Retail Trade and Wholesale Trade differ from the previous definitions in all three countries. The new definitions of Retail Trade and Wholesale Trade follow. They result from a new criterion to separate these sectors. Retail establishments are primarily engaged in selling merchandise, generally without transformation, for end use. These establishments attract customers using methods such as advertising, point-of-sale location, and displa...

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Proposed New Industry Structure for Paper Manufacturing

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The Paper Manufacturing industries produce pulp, paper and converted paper products. The manufacture of these products is grouped together because they constitute a series of vertically connected processes. More than one is often carried out in a single establishment. There are essentially three activities. The manufacture of pulp involves separating the cellulose fibers from other impurities in wood or used paper. The manufacture of paper involves matting these...

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Proposed New Industry Structure for Nonmetallic Mineral Product Ma...

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The Nonmetallic Mineral Product Manufacturing industries produce such products as bricks, refractories, and ceramic products, and glass and glass products, such as plate glass, fiberglass and containers. Also included are cement and concrete products, lime, gypsum and other nonmetallic mineral products, including abrasive products, cut stone and mineral wool. The products are used in a wide range of activities from construction and heavy and light manufacturing ...

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Proposed New Industry Structure for Primary Metal Manufacturing

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The Primary Metal Manufacturing industries are well defined and include the production of steel and steel products; the smelting, refining, and rolling of nonferrous metals; and the production of metal castings. The processes employed in these industries include the use of blast furnaces to produce iron, and the use of basic oxygen and other steel making furnaces to produce steel. Rolling, drawing, and extruding processes to produce such products as pipe and tub...

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Proposed New Industry Structure for Miscellaneous Manufacturing

By: U.S. Census Bureau Department

Statistical Reference Document

Excerpt: The Miscellaneous Manufacturing industries produce a wide range of products that cannot be logically classified in other, specific subsectors in manufacturing. Products as diverse as medical equipment and supplies, ginned cotton, jewelry, sporting goods, toys and office supplies are produced by the industries in the subsector. Because this subsector is an ?other? grouping, the processes used vary significantly. For example, for cotton ginning, the separation of ...

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