How Policy Shapes Competition: Early Railroad Foundings in Massachusetts

To examine the effects of policy on markets and competition we outline hypotheses about the effects of three common policy regimes -- public capitalization, pro-cartel, and antitrust -- on competition and the founding of new firms.

[1]  Frank Dobbin,et al.  Forging Industrial Policy: The United States, Britain, and France in the Railway Age , 1994 .

[2]  J. Atack,et al.  A new economic view of American history : from colonial times to 1940 , 1994 .

[3]  F. Cleveland,et al.  Railroad Promotion and Capitalization in the United States.@@@Railroad Freight Rates. , 1910 .

[4]  J. Downie,et al.  Public Policies Toward Business. , 1955 .

[5]  William G. Shepherd,et al.  The economics of industrial organization , 1979 .

[6]  T. Cochran Railroad leaders 1845-1890 : the business mind in action , 1954 .

[7]  Philip M. Marcus,et al.  The Visible Hand: The Managerial Revolution in American Business , 1979 .

[8]  William G. Roy Socializing Capital: The Rise of the Large Industrial Corporation in America , 1997 .

[9]  Government Promotion of American Canals and Railroads, 1800-1890. , 1960 .

[10]  S. Bruchey,et al.  Enterprise: The Dynamic Economy of a Free People. , 1991 .

[11]  G. Carroll,et al.  Dynamics of Organizational Populations: Density, Legitimation, and Competition.By Michael T. Hannan and Glenn R. Carroll. Oxford University Press, 1992. 286 pp. $29.95 , 1992 .

[12]  J. Tirole The Theory of Industrial Organization , 1988 .

[13]  G. Kolko Railroads and Regulation, 1877-1916 , 1967 .

[14]  George J. Stigler,et al.  The Organization of Industry , 1969 .

[15]  W. Goldfrank,et al.  MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975. , 1982 .

[16]  Thomas K. McCraw,et al.  Prophets of Regulation. , 1984 .

[17]  Mark S. Granovetter Economic Action and Social Structure: The Problem of Embeddedness , 1985, American Journal of Sociology.

[18]  Neil Fligstein,et al.  FROM THE TRANSFORMATION OF CORPORATE CONTROL , 2021, The New Economic Sociology.

[19]  J. Bain Barriers to new competition , 1957 .

[20]  Kimon A. Doukas The French railroads and the state , 1946 .

[21]  R. Coase,et al.  The Firm, the Market, and the Law , 1990 .