Showing 1 - 10 of 7,292
This paper estimates the relative price sensitivity of individuals' choice of whether to buy computers online versus in retail stores using a new data source on the computer purchase behavior of more than 20,000 people. To estimate the degree of competition between the two channels, the paper...
Persistent link: https://www.econbiz.de/10012470369
This paper examines possible consequences of subsidies to R&D and to volume production proposed under the Clinton administration's flat panel display initiative. We do this in the context of a model in which firms behave competitively in the short run, while realizing that their choices of...
Persistent link: https://www.econbiz.de/10012473449
We argue that existence of public good does not necessarily imply market failure, and illustrate this point in the context of international trade. An influential hypothesis states that export pioneers are too few relative to social optimum because the first exporter's action creates an...
Persistent link: https://www.econbiz.de/10012453821
This paper compares the impact of new IT-enhanced technology on the efficiency of production in the U.S. and the U.K. for one manufacturing industry, valve manufacturing. There is a long-standing question of whether technological change and organizational changes have the same rates of adoption...
Persistent link: https://www.econbiz.de/10012464988
This paper examines two potential channels of knowledge acquisition that underlie firm productivity growth in the Taiwanese electronics industry: participation in the export market and investments in R&D and/or worker training. We focus on the argument that a firm's own investments in R&D are...
Persistent link: https://www.econbiz.de/10012466897
There has been a recent surge of interest in open source software development, which involves developers at many … exploration of the economics of open source software. We highlight the extent to which labor economics, especially the literature …
Persistent link: https://www.econbiz.de/10012471170
This paper documents the increasing importance of software for successful innovation in manufacturing sectors well … firms in the software intensity of their innovative activity. Firms that exhibit a higher level of software intensity … that geographic differences in the abundance of skilled software labor are an important factor in determining sample firms …
Persistent link: https://www.econbiz.de/10012456919
Empirical studies have found that enhanced foreign competition can encourage or discourage innovation. To address this …-product firms live forever, and the large firms invest in innovation in order to enlarge their product spans. All firms export. I … show that an increase in the competitiveness of foreign firms can increase or reduce innovation efforts of a large multi …
Persistent link: https://www.econbiz.de/10014436971
We analyze how expropriation risk reduces incentives for innovation and reallocates resources from the innovative … risk, such as corruption, negatively impacts innovation by reducing R&D expenditure, human capital in R&D, number of … highlight the detrimental effects of expropriation risk on innovation and economic development at the country level …
Persistent link: https://www.econbiz.de/10014512142
This paper examines the construction of a price index based on an estimated demand system. In principle the method examined can produce a price index that accounts for introduction of new products and quality changes in existing products. However, I isolate two key assumptions that have to be...
Persistent link: https://www.econbiz.de/10012470294