Showing 1 - 10 of 329
This paper evaluates how different lengths of entry regulation impact market structure and market performance using a dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs to vary over time. Firms have the opportunity to...
Persistent link: https://www.econbiz.de/10010670793
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … information maximum likelihood using two unbalanced panels of Dutch and French manufacturing firms from three waves of the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10010670799
The paper aims at assessing technological regimes in the context of the Brazilian manufacturing industry along the 2000 …
Persistent link: https://www.econbiz.de/10010608712
The aim of the study is to explain if the foreclosure effect on prices is explained by a lower quality of foreclosed houses, which is a crucial aspect in the intelligibility of foreclosures. Based on a novel and comprehensive dataset, we estimate the impact of foreclosure on home prices in...
Persistent link: https://www.econbiz.de/10011163066
Schumpeterian growth. Process innovation helps securing a firm’s market position given the characteristics of its product supply …This paper provides an empirical analysis of the effects of new product versus process innovations on export propensity … at the firm level. Product innovation is a key factor for successful market entry in models of creative destruction and …
Persistent link: https://www.econbiz.de/10005416461
productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R …We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor … spatial regressive error process. We find that knowledge spillovers occur both horizontally and vertically, whereas remainder …
Persistent link: https://www.econbiz.de/10005406424
Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …
Persistent link: https://www.econbiz.de/10010743448
Substantial elements of innovation have been observable during recent years in rig supply, in particular regarding …
Persistent link: https://www.econbiz.de/10010948889
valuation of firms in the transition as technology changes, and whether or not share prices are always increasing when … technology improves. We find that there can be a U-shaped transition dynamic, so that an initial boom in share price is followed … by a temporary fall in share price even though the underlying technology is improving. …
Persistent link: https://www.econbiz.de/10005181568
Climate mitigation policy should be imposed over a long period, and spur development of new technologies in order to make stabilization of green house gas concentrations economically feasible. The government may announce current and future policy packages that stimulate current R&D in...
Persistent link: https://www.econbiz.de/10008572502