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>Can anyone tell me how, in the past, economists have defined the idea of
an industry? Alternative words that have been used are 'sector','branch of
production' and 'industrial sector'<
The is a large older theory literature that emerged as the statistical
categories were being developed. Some of the controversies here swirled
around, and were in response to, Triffin, Robert. Monopolistic competition
and general equilibrium theory / Cambridge : Harvard University Press,
1940. There is a full discussion of these issues in Weintraub, Sidney.
Price theory. New York, Pitman Pub. Corp. [1949]
E. Roy Weintraub
Duke University
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