This paper deals with niche products or their distribution channels which have specific characteristics. They can be supported by electronic trade platforms.

Die ökonomischen Funktionen des Wettbewerbs lassen sich in statische und dynamische Ziele unterteilen. Unter den statischen Zielen versteht man Konsumentensouveränität, die Allokationsfunktion und die Verteilungsfunktion. Die dynamischen bestehen aus Anpassung- und Fortschrittsfunktion....

In this keynote speech at the 2011 meeting of the Italian Association for Industrial Economics and Policy (SIEPI) in Rome, a basic framework to the study of competitiveness was presented together with the main findings of a recent publication on Sectoral Growth Drivers. Members of SIEPI worried...

This paper presents a simple North-South model of endogenous growth, based on learning by doing, which is consistent with the following empirical observations: (i) the price of investment goods relative to consumption goods has been falling for the last 40 years in most industrialized countries,...

William Baumol and his co-authors have analyzed the impact of differential productivity growth on the health of different sectors and on the overall economy. They argued that technologically stagnant sectors experience above average cost and price increases, take a rising share of national...

Recent research finds that markups are rising, suggesting declining competition. But does less price competition mean less Schumpeterian “creative destruction”/industry dynamism? This paper reports the first recent estimates of trends in the displacement of industry-leading firms....