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questions if innovation has truly been the main driver of those instruments. It provides a brief overview on the intersections … of politics, economics, innovation and institutions as well as the main choices, incentives and alliances of the … Brazilian government, which are illustrated by the Innovation Law, PITCE, PDP and campaign financing of President Lula's 2002 …
Persistent link: https://www.econbiz.de/10008836420
This paper examines the impact of transaction costs on economic welfare and development. We extend the static model of Romer (1994), in which transaction costs reduce welfare by the reducing the equilibrium number of intermediate goods, and estimate the welfare losses in the case of domestic...
Persistent link: https://www.econbiz.de/10005616794