The chemical industry

Cooper, J C B (1982) The chemical industry. Quarterly Economic Commentary, 8 (2). pp. 29-41. ISSN 0306-7866

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In our modern world, the chemical industry occupies a sprawling, ill-defined terrain at the heart of every industrial economy. Its boundaries can only be delineated in a very arbitrary way since so many other industries such as brewing, steel and paper are in effect complex chemical processes. Thus from a statistical point of view definition of the chemical sector can be very confusing. The brief considers the structure of the chemical industry, how it can be analysed and its economic prospects.