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quantify the theory, we bring together patent data, survey data on environmental values, and competition measures. Using a …This paper investigates the joint effect of consumers' environmental concerns and product-market competition on firms … intuition that socially responsible consumers induce firms to escape competition by pursuing greener innovations. To test and …
Persistent link: https://www.econbiz.de/10013307902
expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a … by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price competition are all …
Persistent link: https://www.econbiz.de/10013156542
We generalize Krugman's (1979) 'new trade' model by allowing for an explicit production chain in which a range of tasks is performed sequentially by a number of specialized teams. We demonstrate that an increase in market size induces a deeper division of labor among these teams which leads to...
Persistent link: https://www.econbiz.de/10013103513
- and endogenous differences in the 'toughness' of competition across markets - in terms of the number and average … trade affect the toughness of competition, which then feeds back into the selection of heterogeneous producers and exporters …
Persistent link: https://www.econbiz.de/10012762448
In this paper, I examine the relationship between increasing returns to scale and the geographic concentration of economic activity. Using data on U.S. counties, I estimate the structural parameters of the Krugman (1991) model of economic geography. The specification I use, which is derived from...
Persistent link: https://www.econbiz.de/10013218094
Recent literature notes that when quality is produced with fixed costs, a high quality firm can undercut its rival's prices and may find it profitable to invest more in quality as market size grows large. As a result, a market can remain concentrated even as it grows large. When quality is...
Persistent link: https://www.econbiz.de/10013224171
, and in four industries the dispersion of establishment sizes depends on market size. Models of competition in which … competition is tougher in larger markets can reproduce the positive effect of market size on establishments' average size …
Persistent link: https://www.econbiz.de/10013226157
We build a theoretical model of multi-product firms that highlights how competition across market destinations affects … both a firm's exported product range and product mix. We show how tougher competition in an export market induces a firm to …
Persistent link: https://www.econbiz.de/10013127010
We began this project interested in collecting real-world' insight about how environmental regulation affects the paper industry. Based on conversations with people in the industry and visits to paper mills, we formulated several hypotheses related to technology choice in new mills and the...
Persistent link: https://www.econbiz.de/10013221294
The adoption and diffusion of technological knowledge is generally regarded as a key element in a country's economic success. However, as is the case with most types of information, the transfer of technological knowledge is likely to be subject to adverse selection problems. In this paper we...
Persistent link: https://www.econbiz.de/10012755309