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So the industrial FTP is considered as well as the industry structure to explain the industrial TE level.
The commission's vision for reform, articulated in 1994, was built around a new industry structure.
Deregulation was about getting government out of questions of industry structure.
The calmness of the land market makes this cycle genuinely different, and industry structure underpins returns.
It does not change the industry structure or affect the day-to-day operations of the rail network.
He said that the existing industry structure had worked, making the UK one of the most developed internet economies.
As Detroit learned the hard way, it couldn't manage successfully in the 1980's with an industry structure based in the 1950's.
"I am not saying the sky will fall in but I am saying the pattern of international rights trading is what the whole industry structure is built on".
"It's a complicated industry structure with all these retailers and contractors so it was hard to figure out strategy," Mendez said.
But recent deals by America's two biggest "Baby Bells" to buy long-distance operators have laid to rest this old, fictional industry structure.
It envisages a stable industry structure, with limited entry for Western newcomers, a high degree of government co-ordination and a cautious view of banks going abroad.
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