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Welfare analysis in a Schumpeterian growth model with capital
Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10001596279
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Tax policy, location choices, and market structure
Pfann, Gerard A.; Kranenburg, Hans L. van - 2002
Persistent link: https://www.econbiz.de/10001674113
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Discrete innovation, continuous improvement, and competitive pressure
Ghosh, Arghya; Kato, Takao; Morita, Hodaka - 2007
literature mentioned above, to the best of our knowledge, no papers made a distinction between discrete innovation and continuous …IZA DP No. 3132 Discrete Innovation, Continuous Improvement, and Competitive Pressure Arghya Ghosh Takao Kato Hodaka … Discrete Innovation, Continuous Improvement, and Competitive Pressure Arghya Ghosh University of New South Wales …
Persistent link: https://www.econbiz.de/10004926691