Palivos, Theodore; Laing, Derek; Wang, Ping - In: Economic Theory 19 (2002) 4, pp. 707-736
We study pricing and product diffusion in a dynamic general equilibrium framework with product market frictions … characterize the steady-state equilibrium with endogenous product diffusion in which a number of different goods co-exist on the …, the product diffusion pattern, the level of R&D investment, the rate of endogenous growth, the length of Schumpeterian …