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In this paper we argue that pricing is all about price changes, and that the costs of price changes are often simultaneously subtle and substantial. We discuss a framework to deal with the dynamics of changing prices. This framework incorporates customer interpretations of price changes, an...
Persistent link: https://www.econbiz.de/10013204739
or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity … significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as … a stimulus for productivity growth of local firms in the same region. …
Persistent link: https://www.econbiz.de/10010276891
percent for total factor productivity. Overall, the distortions explain about 67 percent of the variation in income per worker …
Persistent link: https://www.econbiz.de/10010292236
provide evidence of the causal impact of this policy on firms' input choices and on total factor productivity on Italian … the productivity obtained from estimating the production function, does not provide valid inference. We rely instead on an … innovative structural approach. We find that the policy has a small negative effect on productivity that is heterogeneous across …
Persistent link: https://www.econbiz.de/10013470515
Motivation of this paper is to discuss that the open source model of innovation does not only seem practical in the software industry, but also in various other industrial contexts. We develop the concept of Open Source Innovation (OSI) as a generalisation of the open source model of software...
Persistent link: https://www.econbiz.de/10005866996
This paper extends the principles of open source software development to a non-industry-specific level by introducing the Open Source Innovation (OSI) model. OSI exhibits main differences to other related models and concepts such as the private-collective model, commons-based peer production,...
Persistent link: https://www.econbiz.de/10005866997
productivity heterogeneity. The model brings theory and data closer along a key dimension: it generates positively related prices …
Persistent link: https://www.econbiz.de/10010282116
We characterize the dispersion of firm-level productivity and demand shocks over the business cycle using Swedish … than productivity dispersion in recessions. Productivity shocks pass through incompletely to prices and have limited effect … and see" channel. Productivity dispersion does not generate "wait and see" effects, but affects output negatively by …
Persistent link: https://www.econbiz.de/10014540949
productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14% of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it …
Persistent link: https://www.econbiz.de/10010318987
encompassing unions form. It is shown that a production function satisfying decreasing marginal productivity leads to the formation …
Persistent link: https://www.econbiz.de/10010321711