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  • 1.  Fortune 500 firms as sample

    Posted 05-04-2009 13:35
    Is anyone aware of research that suggests firms in certain industries are
    more or less likely to be included in the Fortune 500? I am interested in
    research that considers the primary/dominant industry of these firms (given
    that nearly all are diversified) or all industries in which these firms
    compete. Thanks in advance.

    Corey Phelps, PhD
    Asst. Professor, Management & Organization
    Neal & Jan Dempsey Faculty Fellow
    Michael G. Foster School of Business
    University of Washington
    Box 353200
    Seattle, WA 98195
    (206) 543-6579
    www.coreyphelps.com


  • 2.  Fortune 500 firms as sample

    Posted 05-04-2009 13:59
    Corey,

    Given that the list changes so dramatically from decade to decade, I dont think focusing on certain industries makes any sense.

    Lance


    ----- Original Message -----
    From: "Corey Phelps" <cphelps@U.WASHINGTON.EDU>
    To: BPS-NET@AOMLISTS.PACE.EDU
    Sent: Monday, May 4, 2009 1:35:13 PM GMT -05:00 US/Canada Eastern
    Subject: Fortune 500 firms as sample

    Is anyone aware of research that suggests firms in certain industries are
    more or less likely to be included in the Fortune 500? I am interested in
    research that considers the primary/dominant industry of these firms (given
    that nearly all are diversified) or all industries in which these firms
    compete. Thanks in advance.

    Corey Phelps, PhD
    Asst. Professor, Management & Organization
    Neal & Jan Dempsey Faculty Fellow
    Michael G. Foster School of Business
    University of Washington
    Box 353200
    Seattle, WA 98195
    (206) 543-6579
    www.coreyphelps.com


  • 3.  Fortune 500 firms as sample

    Posted 05-04-2009 15:07
    I would expect there to be a strong relationship with the minimum efficient scale (or returns to scale) of the industries. And on that note, if you find any research documenting the relative minimum efficient scale of different industries, please let me know as that would be very useful to have!

    -Melissa

    Melissa A. Schilling
    Department of Management and Organizations
    New York University
    New York, NY 10012
    212-998-0249

    ----- Original Message -----
    From: "Corey Phelps" <cphelps@U.WASHINGTON.EDU>
    To: BPS-NET@AOMLISTS.PACE.EDU
    Sent: Monday, May 4, 2009 1:35:13 PM GMT -05:00 US/Canada Eastern
    Subject: Fortune 500 firms as sample

    Is anyone aware of research that suggests firms in certain industries are
    more or less likely to be included in the Fortune 500? I am interested in
    research that considers the primary/dominant industry of these firms (given
    that nearly all are diversified) or all industries in which these firms
    compete. Thanks in advance.

    Corey Phelps, PhD
    Asst. Professor, Management & Organization
    Neal & Jan Dempsey Faculty Fellow
    Michael G. Foster School of Business
    University of Washington
    Box 353200
    Seattle, WA 98195
    (206) 543-6579
    www.coreyphelps.com


  • 4.  Fortune 500 firms as sample

    Posted 05-04-2009 15:38
    For just in case you missed this on your side of the Atlantic, there is
    a voluminous study of EU MESs available (although by now a bit outdated,
    perhaps):

    Pratten, C. (1988), A Survey of the Economies of Scale, in: EC,
    Commission of the European Communities, Research on the Cost of
    Non-Europe, vol. 2, Luxembourg: Office for Official Publications of the
    EC, vol. 2, ch. 2

    Hans

    Hans Schenk D.Etat (Econ) MBA | Professor of Economics | Dept. of
    Economics (USE) | Utrecht University | Mail and office: 12 Janskerkhof,
    3512 BL Utrecht, The Netherlands | Secretary: Monica Donders +31 30 253
    9800 | GSM +31 651 80 90 94 |



    -----Original Message-----
    From: Business Policy and Strategy List
    [mailto:BPS-NET@AOMLISTS.PACE.EDU] On Behalf Of Melissa Schilling
    Sent: maandag 4 mei 2009 21:07
    To: BPS-NET@AOMLISTS.PACE.EDU
    Subject: Re: Fortune 500 firms as sample

    I would expect there to be a strong relationship with the minimum
    efficient scale (or returns to scale) of the industries. And on that
    note, if you find any research documenting the relative minimum
    efficient scale of different industries, please let me know as that
    would be very useful to have!

    -Melissa

    Melissa A. Schilling
    Department of Management and Organizations
    New York University
    New York, NY 10012
    212-998-0249

    ----- Original Message -----
    From: "Corey Phelps" <cphelps@U.WASHINGTON.EDU>
    To: BPS-NET@AOMLISTS.PACE.EDU
    Sent: Monday, May 4, 2009 1:35:13 PM GMT -05:00 US/Canada Eastern
    Subject: Fortune 500 firms as sample

    Is anyone aware of research that suggests firms in certain industries
    are
    more or less likely to be included in the Fortune 500? I am interested
    in
    research that considers the primary/dominant industry of these firms
    (given
    that nearly all are diversified) or all industries in which these firms
    compete. Thanks in advance.

    Corey Phelps, PhD
    Asst. Professor, Management & Organization
    Neal & Jan Dempsey Faculty Fellow
    Michael G. Foster School of Business
    University of Washington
    Box 353200
    Seattle, WA 98195
    (206) 543-6579
    www.coreyphelps.com


  • 5.  Fortune 500 firms as sample

    Posted 05-04-2009 16:10

    Hi Melissa:

    Cathy Morrison Paul and I wrote two papers, which provide more recent estimates for US manufacturing industries:   

     

    1) Paul, Catherine J. Morrison and Donald S. Siegel (1999). "Scale Economies and Industry Agglomeration Externalities: A Dynamic Cost Function Approach," American Economic Review, Vol. 89, No. 1, pp. 272-290.

     

    2) Paul, Catherine J. Morrison and Donald Siegel, "Estimation of Scale Economies Underlying Growth and Productivity: The Empirical Implications of Data Aggregation," Southern Economic Journal, Vol. 65, No. 4, pp. 739-756.

     

    If you send me an email I will send you copies of the papers, although they are both in JSTOR.

    Best regards,

    Don

     

    Dr. Donald S. Siegel

    Dean and Professor

    School of Business

    University at Albany, SUNY

    1400 Washington Avenue

    Albany, NY 12222

    Tel: (518) 442-4910

    DSiegel@uamail.albany.edu

    http://www.albany.edu/business/about/faculty/siegel.html

    http://econpapers.repec.org/RAS/psi32.htm

     

    -----Original Message-----
    From: Business Policy and Strategy List [mailto:BPS-NET@AOMLISTS.PACE.EDU] On Behalf Of Schenk, E.J.J. (Hans)
    Sent: Monday, May 04, 2009 3:38 PM
    To: BPS-NET@AOMLISTS.PACE.EDU
    Subject: Re: Fortune 500 firms as sample

     

    For just in case you missed this on your side of the Atlantic, there is

    a voluminous study of EU MESs available (although by now a bit outdated,

    perhaps):

     

    Pratten, C. (1988), A Survey of the Economies of Scale, in: EC,

    Commission of the European Communities, Research on the Cost of

    Non-Europe, vol. 2, Luxembourg: Office for Official Publications of the

    EC, vol. 2, ch. 2

     

    Hans

     

    Hans Schenk D.Etat (Econ) MBA | Professor of Economics | Dept. of

    Economics (USE) | Utrecht University | Mail and office: 12 Janskerkhof,

    3512 BL Utrecht, The Netherlands | Secretary: Monica Donders +31 30 253

    9800 | GSM +31 651 80 90 94 |

     

     

     

    -----Original Message-----

    From: Business Policy and Strategy List

    [mailto:BPS-NET@AOMLISTS.PACE.EDU] On Behalf Of Melissa Schilling

    Sent: maandag 4 mei 2009 21:07

    To: BPS-NET@AOMLISTS.PACE.EDU

    Subject: Re: Fortune 500 firms as sample

     

    I would expect there to be a strong relationship with the minimum

    efficient scale (or returns to scale) of the industries. And on that

    note, if you find any research documenting the relative minimum

    efficient scale of different industries, please let me know as that

    would be very useful to have!

     

    -Melissa

     

    Melissa A. Schilling

    Department of Management and Organizations

    New York University

    New York, NY 10012

    212-998-0249

     

    ----- Original Message -----

    From: "Corey Phelps" <cphelps@U.WASHINGTON.EDU>

    To: BPS-NET@AOMLISTS.PACE.EDU

    Sent: Monday, May 4, 2009 1:35:13 PM GMT -05:00 US/Canada Eastern

    Subject: Fortune 500 firms as sample

     

    Is anyone aware of research that suggests firms in certain industries

    are

    more or less likely to be included in the Fortune 500? I am interested

    in

    research that considers the primary/dominant industry of these firms

    (given

    that nearly all are diversified) or all industries in which these firms

    compete. Thanks in advance.

     

    Corey Phelps, PhD

    Asst. Professor, Management & Organization

    Neal & Jan Dempsey Faculty Fellow

    Michael G. Foster School of Business

    University of Washington

    Box 353200

    Seattle, WA 98195

    (206) 543-6579

    www.coreyphelps.com



  • 6.  Fortune 500 firms as sample

    Posted 05-04-2009 16:18
    p.s.-I seem to recall that economists at the Center for Economic Studies
    (e.g., Sang Nyguen) at the U.S. Census Bureau, and others who have
    analyzed plant-level Census data, have developed more precise measures,
    even though these tend to be for specific industries. I would check out
    the Center for Economic Studies web site.


    -----Original Message-----
    From: Business Policy and Strategy List
    [mailto:BPS-NET@AOMLISTS.PACE.EDU] On Behalf Of Schenk, E.J.J. (Hans)
    Sent: Monday, May 04, 2009 3:38 PM
    To: BPS-NET@AOMLISTS.PACE.EDU
    Subject: Re: Fortune 500 firms as sample

    For just in case you missed this on your side of the Atlantic, there is
    a voluminous study of EU MESs available (although by now a bit outdated,
    perhaps):

    Pratten, C. (1988), A Survey of the Economies of Scale, in: EC,
    Commission of the European Communities, Research on the Cost of
    Non-Europe, vol. 2, Luxembourg: Office for Official Publications of the
    EC, vol. 2, ch. 2

    Hans

    Hans Schenk D.Etat (Econ) MBA | Professor of Economics | Dept. of
    Economics (USE) | Utrecht University | Mail and office: 12 Janskerkhof,
    3512 BL Utrecht, The Netherlands | Secretary: Monica Donders +31 30 253
    9800 | GSM +31 651 80 90 94 |



    -----Original Message-----
    From: Business Policy and Strategy List
    [mailto:BPS-NET@AOMLISTS.PACE.EDU] On Behalf Of Melissa Schilling
    Sent: maandag 4 mei 2009 21:07
    To: BPS-NET@AOMLISTS.PACE.EDU
    Subject: Re: Fortune 500 firms as sample

    I would expect there to be a strong relationship with the minimum
    efficient scale (or returns to scale) of the industries. And on that
    note, if you find any research documenting the relative minimum
    efficient scale of different industries, please let me know as that
    would be very useful to have!

    -Melissa

    Melissa A. Schilling
    Department of Management and Organizations
    New York University
    New York, NY 10012
    212-998-0249

    ----- Original Message -----
    From: "Corey Phelps" <cphelps@U.WASHINGTON.EDU>
    To: BPS-NET@AOMLISTS.PACE.EDU
    Sent: Monday, May 4, 2009 1:35:13 PM GMT -05:00 US/Canada Eastern
    Subject: Fortune 500 firms as sample

    Is anyone aware of research that suggests firms in certain industries
    are
    more or less likely to be included in the Fortune 500? I am interested
    in
    research that considers the primary/dominant industry of these firms
    (given
    that nearly all are diversified) or all industries in which these firms
    compete. Thanks in advance.

    Corey Phelps, PhD
    Asst. Professor, Management & Organization
    Neal & Jan Dempsey Faculty Fellow
    Michael G. Foster School of Business
    University of Washington
    Box 353200
    Seattle, WA 98195
    (206) 543-6579
    www.coreyphelps.com