Impullitti, Giammario; Licandro, Omar - Departament d'Economia i Història Econòmica, … - 2010
into an innovation-driven growth model, where incumbent firms operating in oligopolistic industries perform cost … produced. These changes in markups and quantities, in turn, promote innovation and productivity growth through a direct …, and induces an increase in productivity growth of about 13 percent. More than 90 percent of the trade-induced growth …