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Competitive Imperfect Price Discrimination and Market Power

Belleflamme, Paul - 2019

Two duopolists compete in price on the market for a homogeneous product. They can 'profile' consumers, i.e., identify their valuations with some probability. If both firms can profile consumers but with different abilities, then they achieve positive expected profits at equilibrium. This...

Persistent link: https://www.econbiz.de/10012858202

Heavyweights - the impact of large businesses on productivity growth

Falck, Oliver - 2007

The idea of an industrial policy that promotes large businesses - heavyweights - as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...

Persistent link: https://www.econbiz.de/10010264240

Experience, innovation and productivity: Empirical evidence from Italy's slowdown

Daveri, Francesco; Parisi, Maria Laura - 2010

We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …

Persistent link: https://www.econbiz.de/10010270508

Trade openness, market competition, and inflation: Some sectoral evidence from OECD countries

Binici, Mahir; Cheung, Yin-Wong; Lai, Kon S. - 2011

This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity. Nonetheless, previous empirical studies often fail to account...

Persistent link: https://www.econbiz.de/10010280812

Incorporation and Productivity

Barro, Robert J. - 2019

Corporate versus pass-through status trades off productivity benefits (related to perpetual identity, limited liability, public trading, and earnings retention) against tax wedges, estimated from U.S. federal taxes on corporate profits, dividends, and partnership income. In regressions,...

Persistent link: https://www.econbiz.de/10012860291

Timing of technology adoption and product market competition

Milliou, Chrysovalantou; Petrakis, Emmanuel - 2009

This paper examines how product market competition affects firms' timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...

Persistent link: https://www.econbiz.de/10010265992

Innovation and trade with heterogeneous firms

Long, Ngo Van; Raff, Horst; Stähler, Frank - 2009

This paper examines how trade liberalization affects the innovation incentives of firms, and what this implies for …

Persistent link: https://www.econbiz.de/10010266051

Firm-specific productivity risk over the business cycle : facts and aggregate implications

Bachmann, Ruediger; Bayer, Christian - 2009

Is time-varying firm-level uncertainty a major cause or amplifier of the business cycle? This paper investigates this question in the context of a heterogeneous-firm RBC model with persistent firm-level productivity shocks and lumpy capital adjustment, where cyclical changes in uncertainty...

Persistent link: https://www.econbiz.de/10010266059

Competition, imitation, and R&D productivity in a growth model with sector-specific patent protection

Mosel, Malte - 2010

intricate reverse engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot …

Persistent link: https://www.econbiz.de/10010270491

The cross-section of firms over the business cycle : new facts and a DSGE exploration

Bachmann, Ruediger; Bayer, Christian - 2009

Using a German firm-level data set, this paper is the first to jointly study the cyclical properties of the cross-sections of firm-level real value added and Solow residual innovations, as well as capital and employment adjustment. We find two new business cycle facts: 1) The cross-sectional...

Persistent link: https://www.econbiz.de/10010271782

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