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Industry Classifications: Aim, Scope and Techniques

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Abstract

Industry classifications select essential characteristics of technology and markets, condensating the vast heterogeneity of competitive environments into a smaller number of salient types. Although frequently applied in empirical studies on industrial economics, technological development, international trade, and competitiveness, we still find little or no methodological discussion and a striking lack of awareness for the different approaches pursued. This interpretative survey systematically collects information about the aim, scope and techniques relevant to the major classifications currently used in applied economic studies.

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  1. Austrian Institute of Economic Research (WIFO), P.O. Box 91, A-1030, Vienna, Austria

    Michael Peneder

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Peneder, M. Industry Classifications: Aim, Scope and Techniques. Journal of Industry, Competition and Trade 3, 109–129 (2003). https://doi.org/10.1023/A:1025434721292

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