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The Welfare Analysis of Product Innovations with an Application to CT Scanners
Trajtenberg, Manuel - 1985
applied to the case of Computed Tomography (CT) Scanners, a revolutionary innovation in medical technology. The econometric … from innovation is used primarily to compute a social rate of return to R&D, to explore the interrelation between … innovation and diffusion, and to trace the time profile of benefits and costs, the latter suggesting the possible occurance of …
Persistent link: https://www.econbiz.de/10012477355
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Patient Welfare and Patient Compliance : An Empirical Framework for Measuring the Benefits from Pharmaceutical Innovation
Ellickson, Paul - 1999
from pharmaceutical innovation. Extending previous studies of the welfare benefits from innovation (Trajtenberg, 1990 …
Persistent link: https://www.econbiz.de/10012471921
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Market Segmentation and the Sources of Rents from Innovation : Personal Computers in the Late 1980's
Bresnahan, Timothy F. - 1996
segmentation) shaped the underlying incen- tives for innovation in the PC industry during the mid to late 1980s …
Persistent link: https://www.econbiz.de/10012473112
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Product Innovations, Price Indices and the (Mis)Measurement of Economic Performance
Trajtenberg, Manuel - 1990
The goal of this paper is to address the problem of 'product innovations' (i.e. new goods. increased variety, and quality change) in the construction of price indices and, by extension, in the measurement of economic performance. The premise is that a great deal of technical progress takes the...
Persistent link: https://www.econbiz.de/10012475776