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Trading Away Wide Brands for Cheap Brands

Dhingra, Swati - Centre for Economic Performance, LSE - 2011

Firms face competing needs to expand product variety and reduce production costs. Trade policy affects firm investments in product variety and production processes differently. Access to larger markets enables innovation to reduce costs. Although firm scale increases, foreign competition reduces...

Persistent link: https://www.econbiz.de/10009368610

Advertising Expenditure and Consumer Prices

Rauch, Ferdinand - Centre for Economic Performance, LSE - 2011

This paper studies the effect of a change in the marginal costs of advertising on advertising expenditures of firms and consumer prices across industries. It makes use of a unique policy change that caused a decrease of the taxation on advertising expenditures in parts of Austria and a...

Persistent link: https://www.econbiz.de/10009277012

Video Killed the Radio Star? Online Music Videos and Digital Music Sales

Kretschmer, Tobias; Peukert, Christian - Centre for Economic Performance, LSE - 2014

Sampling poses an interesting problem in markets with experience goods. Free samples reveal product quality and help consumers to make informed purchase decisions (promotional effect). However, sampling may also induce consumers to substitute purchases with free consumption (displacement...

Persistent link: https://www.econbiz.de/10010759886

Video killed the radio star? Evidence from YouTube and iTunes

Kretschmer, Tobias; Peukert, Christian - Centre for Economic Performance, LSE - 2014

Making video clips of a song unavailable on YouTube has no effect on its sales on iTunes; but album sales suffer when video clips of a song from it are made unavailable on YouTube. These findings of a study by Tobias Kretschmer and Christian Peukert suggest that we need not worry too much about...

Persistent link: https://www.econbiz.de/10010933779

Knowledge Flow and Sequential Innovation: Implications for Technology Diffusion, R&D and Market Value

Belenzon, Sharon - Centre for Economic Performance, LSE - 2006

It is shown that spillovers can enhance private returns to innovation if they feed back into the dynamic research of the original inventor (Internalized spillovers), but will always reduce private returns, if the original inventor does not benefit from the advancements other inventors build into...

Persistent link: https://www.econbiz.de/10005670550

Strategic Patenting and Software Innovation

Noel, Michael; Schankerman, Mark - Centre for Economic Performance, LSE - 2006

Strategic patenting is widely believed to raise the costs of innovating, especially in industries characterised by cumulative innovation. This paper studies the effects of strategic patenting on R&D, patenting and market value in the computer software industry. We focus on two key aspects:...

Persistent link: https://www.econbiz.de/10005670634

Identifying Technology Spillovers and Product Market Rivalry

Bloom, Nicholas; Schankerman, Mark; Reenen, John Van - Centre for Economic Performance, LSE - 2005

The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years. A central problem in the literature is that firm performance is affected by two countervailing "spillovers": a positive effect from technology (knowledge) spillovers and...

Persistent link: https://www.econbiz.de/10005670643

Do Women Earn Less Even as Social Entrepreneurs?

Estrin, Saul; Stephan, Ute; Vujic, Suncica - Centre for Economic Performance, LSE - 2014

Based upon unique survey data collected using respondent driven sampling methods, we investigate whether there is a gender pay gap among social entrepreneurs in the UK. We find that women as social entrepreneurs earn 29% less than their male colleagues, above the average UK gender pay gap of...

Persistent link: https://www.econbiz.de/10010961086

It's Where You Work: Increases in Earnings Dispersion across Establishments and Individuals in the US

Barth, Erling; Bryson, Alex; Davis, James C.; Freeman, … - Centre for Economic Performance, LSE - 2014

earnings among individuals into the part due to changes in earnings among establishments and the part due to changes in … earnings within-establishments and finds that much of the 1970s-2010s increase in earnings inequality results from increased … dispersion of the earnings among the establishments where individuals work. It also shows that the divergence of establishment …

Persistent link: https://www.econbiz.de/10010945132

Biomarkers and Long-term Market Outcomes: The Case of Creatine

Bockerman, Petri; Bryson, Alex; Hakulinen, Christian; … - Centre for Economic Performance, LSE - 2014

Using the Young Finns Study (YFS) combined with the Finnish Linked Employer-Employee Data (FLEED) we show that quantities of creatine measured in 1980 prior to labour market entry affect labour market outcomes over the period 1990-2010. Those with higher levels of creatine (proxied by urine...

Persistent link: https://www.econbiz.de/10010784083