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Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - CESifo - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10005181434

Experience, Innovation and Productivity - Empirical Evidence from Italy's Slowdown

Daveri, Francesco; Parisi, Maria Laura - CESifo - 2010

We investigate the role of workers’ and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …

Persistent link: https://www.econbiz.de/10008583733

Timing of Technology Adoption and Product Market Competition

Milliou, Chrysovalantou; Petrakis, Emmanuel - CESifo - 2009

This paper examines how product market competition affects firms’ timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...

Persistent link: https://www.econbiz.de/10005034642

Intra- and Inter-Industry Productivity Spillovers in OECD Manufacturing: A Spatial Econometric Perspective

Badinger, Harald; Egger, Peter - CESifo - 2008

We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R&D spillovers as well as remainder,...

Persistent link: https://www.econbiz.de/10005406424

Dynamics of Open Source Movements

Athey, Susan; Ellison, Glenn - CESifo - 2010

This paper considers a dynamic model of the evolution of open source software projects, focusing on the evolution of quality, contributing programmers, and users who contribute customer support to other users. Programmers who have used open source software are motivated by reciprocal altruism to...

Persistent link: https://www.econbiz.de/10008671701

Innovative Sales, R&D and Total Innovation Expenditures: Panel Evidence on their Dynamics

Raymond, Wladimir; Mohnen, Pierre; Palm, Franz; Loeff, … - CESifo - 2009

This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … persistence of innovation input and innovation output, a lag effect of the former on the latter and a feedback effect of the …

Persistent link: https://www.econbiz.de/10005013049

Innovation, Trade, and Finance

Egger, Peter; Keuschnigg, Christian - CESifo - 2011

This paper proposes a model where heterogeneous firms choose whether to undertake R&D or not. Innovative firms are more productive, have larger investment opportunities and lower own funds for necessary tangible continuation investments than non-innovating firms. As a result, they are...

Persistent link: https://www.econbiz.de/10009228619

Political Persistence, Connections and Economic Growth

Bellettini, Giorgio; Ceroni, Carlotta Berti; Prarolo, … - CESifo - 2009

defend their monopoly position and prevent innovation and entry of high-quality competitors. This requires that the incumbent … quality upgrade related to innovation. Consistently with our empirical findings, the model delivers a negative association …

Persistent link: https://www.econbiz.de/10005765682

Effects of Innovation on Employment: A Dynamic Panel Analysis

Lachenmaier, Stefan; Rottmann, Horst - CESifo - 2007

This paper estimates the effect of innovation on employment at the firm level. Our uniquely long innovation panel data … set of German manufacturing firms covers more than 20 years and allows us to use various innovation measures. We can … distinguish between product and process innovations as well as between innovation inputs and innovation outputs. Using dynamic …

Persistent link: https://www.econbiz.de/10005765742

Innovation of Network Goods: A Non-Innovating Firm Will Gain

Glazer, Amihai; Kanniainen, Vesa; Mustonen, Mikko - CESifo - 2002

of a consumer increases with aggregate consumption. The post-innovation network consists of two compatible sub … underinvest in innovation. …

Persistent link: https://www.econbiz.de/10005765788