and patents. We document key empirical facts on inventors' productivity over the life cycle, inventors' research teams … better inventors are very strongly correlated with higher subsequent productivity. These facts motivate the main ingredients …

It is often argued that tax competition may lead to a "race to the bottom". Such a race may hold indeed in the case of … its own welfare (tax-benefit) policy. We let these two countries engage in fiscal competition. Using numerical simulations … differences for tax policies between free and controlled migration, and the role of productivity gap …

Starting from the same level of productivity and per-capita income as the United States in the mid-nineteenth century … productivity has almost converged, its income per person has leveled off at about three-quarters of America's. How could Europe be …-intensive manufacturing and a set of marketing innovations to a set of additional advantages that would not have been possessed even if Europe …

corresponding new measures of industry competition where firms can have their own distinct set of competitors. Our new sets of … industry competitors better explain specific discussion of high competition by management, rivals identified by managers as …

substantial increase in mutual fund market participation observed during our sample, and the corresponding purchase decisions of … indicate that restricting entry would yield nontrivial gains from reduced search costs and productivity gains from scale … economies, but these may be counterbalanced by losses from increased market power and reduced product variety …

frictions and the increase in specialization have exactly offsetting effects on the extent of competition in the market. Under …As search frictions become smaller in the market for a consumer product, buyers are able to locate and access more …

This article examines patterns of entry and exit in a relatively homogeneous product market to investigate the impact … of entry on incumbent firms and market structure. In particular, we are interested in whether the organizational form of … the Melbourne coffee market using annual data on the location and entry status of 4,768 coffee retailers between 1991 and …

We study a new data set of US sports card conventions in order to evaluate the pricing theory of two-sided markets … consumer price, dealer price and, since most conventions are local, the market structure for conventions. We present several … findings: first, consumer pricing decreases with competition at any reasonable distance, but pricing to dealers is insensitive …

Since the mid-1980s many authors have investigated the influence of information technology (IT) on productivity. Until … recently there has been no clear evidence that productivity increases as a result of IT spending. This productivity paradox is … content of the good delivered by motor carriers. A carrier's primary marketing objective, e.g. on-time-performance vs. lowest …