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Chen, Yeh-ning; Png, Ivan - EconWPA - 2004

Parallel imports are a significant academic and policy issue. Official investigations into the impact of parallel imports on music CD prices have reached widely conflicting conclusions. This note reports an event study on an international panel of changes in copyright law to permit or disallow...

Persistent link: https://www.econbiz.de/10005119321

“Winners take all competition”, creative destruction and stock market bubble

Boucher, Christophe - EconWPA - 2003

From the model of Hobijn and Jovanovic (2001), we modelize a technological shock with uncertainty. We assume that this technological shock appears in the shape of new firms. Only a part of these firms will be productive. Uncertainty relates to the identification of the viable firms. This...

Persistent link: https://www.econbiz.de/10005561579

A Theory of Technology Diffusion

Mukoyama, Toshihiko - EconWPA - 2003

What determines the speed of the technology diffusion? What are the consequences of diffusion? This paper presents a model to address these questions. Skilled machine-users adopt a new technology first, while unskilled users wait until machines become more reliable and accessible. The quality...

Persistent link: https://www.econbiz.de/10005126129

Innovation height, spillovers and TFP growth at the firm level: Evidence from French manufacturing

Emmanuel, DUGUET - EconWPA - 2004

firm level. The first part of our analysis is dedicated to the determinants of innovation and reveals two different … innovation regimes. On the one hand, radical innovations rely strongly on firm-level spillovers, including property rights, and … innovation height matters. We also find evidence that TFP growth is better represented by an upward shift of the production …

Persistent link: https://www.econbiz.de/10005407643

Employment Effects of Different Innovation Activities: Microeconometric Evidence

Peters, Bettina - EconWPA - 2005

process innovations, this paper reports new results on the relationship between innovation and employment growth in Germany … CIS data. It establishes a theoretical link between employment growth and innovation output. The econometric analysis …

Persistent link: https://www.econbiz.de/10005118792

Price Competition and Product Differentiation when Goods have Network Effects

CONRAD, Klaus - EconWPA - 2005

environmental awareness, product innovation under network effects, and price competition whereby environmentally friendly products …

Persistent link: https://www.econbiz.de/10005412974

Manipulated, Misled, Ignored, Abused: Residential Consumer Experience with Electric Deregulation in the United Kingdom

Jewell, Kevin - EconWPA - 2004

The United Kingdom began deregulating its electric market years before the U.S. Thus, the UK provides the best example of what can be expected in the deregulated residential retail electric market in the United States. . An extensive review of the evidence found: Questionable price savings:...

Persistent link: https://www.econbiz.de/10005076594

Oligopolistic Business to Business E-Market and Welfare

Aoki, Reiko - EconWPA - 2001

We examine the effect of an oligopolistic upstream electronic market on upstream and downstream prices. The analysis highlights the two sources of competition that a firm that source from an electronic market (e- market firm) face: competition with less efficient firms that source traditionally...

Persistent link: https://www.econbiz.de/10005076853

Innovation, Licensing and Welfare

Mukherjee, Arijit - EconWPA - 2002

This paper examines how the option for licensing affects research and development (R&D) and social welfare. We find that if cost reduction from R&D is sufficiently small and there is an option of licensing, firms will do non-cooperative R&D. In absence of licensing, firms will do cooperative R&D...

Persistent link: https://www.econbiz.de/10005076856

A Note on Non-Discriminatory Access to Railroad Infrastructure

Pittman, Russell - EconWPA - 2003

The setting of user prices for enterprises with large fixed costs and marginal costs below average costs – “natural monopolies” – raises important policy questions regarding both efficiency and equity. It has become well accepted among economists that, in a variety of settings, welfare...

Persistent link: https://www.econbiz.de/10005076868

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