Showing 1 - 10 of 1,465
We examine the role of the ICT revolution in driving productivity growth behavior for the United States and an aggregate of ten Western European nations (the EU-10) from 1977 to 2015. We find that the standard growth accounting approach is deficient when it separates sources of growth between...
Persistent link: https://www.econbiz.de/10013312125
Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this … product market competition interact with the strength of patent rights. We provide empirical evidence of innovation responding … with step-by-step innovation models predicting that product market competition enhances innovation and, more importantly …
Persistent link: https://www.econbiz.de/10013064451
Since the passage of the Interstate Commerce Act (1897) and the Sherman Act (1890), regulation and antitrust have … operated as competing mechanisms to control competition. Regulation produced cross-subsidies and favors to special interests …, but specified prices and rules of mandatory dealing. Antitrust promoted competition without favoring special interests …
Persistent link: https://www.econbiz.de/10012777652
competition rules. It is shown that an equilibrium where all countries retain their antitrust laws does not exist, since …Open borders imply systems competition. This paper studies the implications of systems competition for the national … their antitrust laws. The deregulation race results in a chain of Stackelberg leadership positions taken over by national …
Persistent link: https://www.econbiz.de/10013227744
Our study aims at assessing the actual importance of the two main channels usually contemplated in the literature through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in ICT. We thus estimate what are the specific impacts of...
Persistent link: https://www.econbiz.de/10013034911
valued? We provide a general theory of optimal technology regulation in a second best world, with rich heterogeneity across …
Persistent link: https://www.econbiz.de/10012910297
Personal automobile emissions are a major source of urban air pollution. Many U.S. states control emissions through mandated vehicle inspections and repairs. But there is little empirical evidence directly linking mandated inspections, maintenance, and local air pollution levels. To test for a...
Persistent link: https://www.econbiz.de/10012944643
We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million …-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led … account for around 15% of European technology upgrading between 2000-2007. Rising Chinese import competition also led to falls …
Persistent link: https://www.econbiz.de/10013038317
Regulation (GDPR). The opt-in requirement of GDPR resulted in 12.5% drop in the intermediary-observed consumers, but the …
Persistent link: https://www.econbiz.de/10014100575
competition among large countries (US/EU) to negotiate preferential arrangements with smaller countries or regions will lower …
Persistent link: https://www.econbiz.de/10013324133