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Price Competition, Innovation and Profitability: Theory and UK Evidence

Symeonidis, George - C.E.P.R. Discussion Papers - 2001

This Paper examines the effect of price competition on innovation, market structure and profitability in R …&D-intensive industries. The theoretical predictions are tested using UK data on the evolution of competition, concentration, innovation …&D-intensive manufacturing industries, while it caused a significant rise in concentration in these industries. In the short run profitability …

Persistent link: https://www.econbiz.de/10005666839

Strategic R&D Policy

Beath, John; Katsoulacos, Yannis; Ulph, David - C.E.P.R. Discussion Papers - 1988

The outcome of technological competition between firms (or countries) depends on the resolution of two forces: the profit incentive and the competitive threat. This is illustrated using a simple duopoly model. This model is then used to analyze two policy issues: subsidizing R & D and...

Persistent link: https://www.econbiz.de/10005662122

Sources of Growth: the Entrepreneurial versus the Managed Economy

Audretsch, David B; Thurik, A R Roy - C.E.P.R. Discussion Papers - 1997

The purpose of this paper is to suggest that a fundamental shift in Europe, along with the other OECD countries, is taking place. This shift is from the managed economy to the entrepreneurial economy. While politicians and policy-makers have made a plea for guidance in the era of...

Persistent link: https://www.econbiz.de/10005504288

Industrial Structure, Menu Costs and the Non-Neutrality of Money

Dixon, Huw David; Hansen, Claus Thustrup - C.E.P.R. Discussion Papers - 1997

New Keynesian literature assumes symmetric industrial structure when analysing explanations of monetary non-neutrality. We analyse the impact of modifying this assumption by allowing for a mixed industrial structure; some industries are characterized by monopolistic competition, and others by...

Persistent link: https://www.econbiz.de/10005667017

How Trade Credits Foster International Trade

Eck, Katharina; Engemann, Martina; Schnitzer, Monika - C.E.P.R. Discussion Papers - 2012

Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...

Persistent link: https://www.econbiz.de/10011083260

The Foreign Service and Foreign Trade: Embassies as Export Promotion

Rose, Andrew K - C.E.P.R. Discussion Papers - 2005

-section of data covering 22 large exporters and 200 import destinations. Bilateral exports rise by approximately 6-10% for each …

Persistent link: https://www.econbiz.de/10005791718

Industries at the World Technology Frontier: Measuring R&D Efficiency in a Non-Parametric DEA Framework

Schmidt-Ehmcke, Jens; Zloczysti, Petra - C.E.P.R. Discussion Papers - 2011

manufacturing. Using a unique industry dataset compiled from EU KLEMS and PATSTAT, it explores which countries and industries reveal …This paper identifies the leading country-industry combinations that define the world technology frontier in … the most efficient innovation processes. We combine a traditional nonparametric frontier approach with super …

Persistent link: https://www.econbiz.de/10009321843

Human Capital and Productivity in Manufacturing during the Twentieth Century: Britain, Germany and the United States

Broadberry, Stephen N; Wagner, Karin - C.E.P.R. Discussion Papers - 1994

environment. British manufacturing also adopted an American style `mission oriented' approach to R&D in contrast to the German …

Persistent link: https://www.econbiz.de/10005136671

Wage Gaps and Job Sorting in African Manufacturing

Benhassine, Najy; Fafchamps, Marcel; Söderbom, Måns - C.E.P.R. Discussion Papers - 2006

Using matched employer-employee data from eleven African countries, we investigate if there is job sorting in African labor markets. We find that much of the wage gap correlated with education is driven by selection across occupations and firms. This is consistent with educated workers being...

Persistent link: https://www.econbiz.de/10005136733

TFP Growth in British and German Manufacturing, 1950-96

Crafts, Nicholas; Mills, Terence C - C.E.P.R. Discussion Papers - 2001

The Paper considers the accuracy of traditional TFP growth estimates using an econometric methodology which takes account of scale economies, fixed factors of production and adjustment costs to reveal underlying ‘pure technological change’. The results suggest that these biases vary...

Persistent link: https://www.econbiz.de/10005067403

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