Authors Collins and Preston, who have collaborated on earlier studies of industrial organization and marketing, are here concerned with the relationship between business concentration and profitability in American manufacturing industries. Economic theory states that prices are higher and price-cost margins wider under conditions of monopoly than under those of competition. the problem in applying this theoretical conclusion to empirical analysis and economic policy is that a gap exists between the theoretical concept of monopoly on the one hand and the measurement of concentration on the other. A number of earlier studies have analyzed samples of available data to relate measured concentration to profitability. the present study reviews these previous efforts and provides a common basis for comparison of them. It then analyzes statistical data for the year 1958 in order to obtain an extensive new collection of empirical results. This analysis focuses specifically on the inter-industry variability of price-cost margins, and seeks to explain this variability in terms of differences in concentration and other variables. This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1968.

The book comprises of selected papers presented at the Third International Conference on Intelligent Manufacturing and Automation (ICIMA 2022), which was organized by the Departments of Mechanical Engineering and Production Engineering of Dwarkadas J. Sanghvi College of Engineering (DJSCE), Mumbai, jointly with Indian Society of Manufacturing Engineers (ISME). The book focuses on specific topics of Intelligent Manufacturing, Automation, Advanced Materials and Design. It includes original research articles, focusing on the latest advances in the fields of Automation, Mechatronics & Robotics, CAD/CAM/CAE/CIM/FMS in Manufacturing, Artificial Intelligence in Manufacturing, IOT in Manufacturing, Product Design & Development, DFM/DFA/FMEA, MEMS & Nano Technology, Rapid Prototyping, Computational Techniques, Nano & Micro-machining, Sustainable Manufacturing, Industrial Engineering, Manufacturing Process Management, Modelling & Optimization Techniques, CRM, MRP & ERP, Green, Lean & Agile Manufacturing, Logistics & Supply Chain Management, Quality Assurance & Environment protection, Advanced Material Processing & Characterization and Composite & Smart Materials. It is hoped that the contents in the book will serve as reference for future researchers. The book is also expected to act as a valuable resource for the students of Post Graduate and Doctoral Programmes.

Originally published in 1968, this second volume of the Glasgow Studies in Profit, Business Saving and Investment uses the financial data assembled in Volume 1 to test economic theories of the factor distribution income, of the appropriation of profit, of the determinants of investment, and of the return on capital. The tests enabled the measurement of long-run and short-run variation of the ratio of profit to employee compensation in the United Kingdom at the level of individual industries and the whole industrial sector. As well as measuring the relationship between a company’s sales or profits and its expenditure on fixed assets, the book describes the long-term decline in the rate of return on capital in the UK and measures the effect of the intensity of competition on this return.

This is an open access book. 2022 International Conference on Mathematical Statistics and Economic Analysis(MSEA 2022) will be held in Dalian, China from May 27 to 29, 2022. Based on probability theory, mathematical statistics studies the statistical regularity of a large number of random phenomena, and infers and forecasts the whole. Economic development is very important to people's life and the country. Through data statistics and analysis, we can quickly understand the law of economic development. This conference combines mathematical statistics and economic analysis for the first time to explore the relationship between them, so as to provide a platform for experts and scholars in the field of mathematical statistics and economic analysis to exchange and discuss.