Showing 1 - 10 of 17,482
between innovation and product market competition for an individual industry, based on the possibility for non …
Persistent link: https://www.econbiz.de/10005065384
This paper provides a theoretical explanation for why the presence of asset bubbles can lead to higher economic growth in concurrence with high consumption by using a simple endogenous growth model. In the model economy, long-lived valuemaximizing firms continuously improve the quality of their...
Persistent link: https://www.econbiz.de/10010837100
that patents ought to be weaker, the more intense competition, the higher R&D productivity, and the more intricate reverse … engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot competition and …
Persistent link: https://www.econbiz.de/10008500709
This paper constructs a growth model in which monopolistically competing firms choose the characteristic of their own product from an unbounded product space. While consumers wish to satisfy various needs by purchasing a diverse range of goods, production costs are lower for those goods that are...
Persistent link: https://www.econbiz.de/10005639283
Neoclassical economists argue that competition promotes efficiency.They consider technology as given though.In the long … help entrepreneurs to capture the gains of R&D and hence to invest in it.We investigate the overall effect of competition … on performance. Performance is measured by TFP-growth.As a negative measure of competition we use rent.Rent is defined as …
Persistent link: https://www.econbiz.de/10011091929
competition by adding a new approach for estimating markups and investigating the annual rate of inflation, price variance and … price levels. Subject to certain qualifications, markups can be interpreted as indicators for competition intensity. Our … competition and inflation (average and annual rates), price levels and price variance. Although a significantly negative …
Persistent link: https://www.econbiz.de/10008536105
This paper examines the strength of product market competition and economic performance in Canada and discusses way in … which the institutional framework governing competition policy could be improved. Competitive forces are comparatively … strong and administrative and economic regulations inhibiting competition are amongst the lowest in the OECD countries …
Persistent link: https://www.econbiz.de/10005045874
This paper assesses what role product market competition and regulatory reforms may have played in the performance of … regulations inhibiting competition and barriers to trade amongst the lowest in the OECD. Nevertheless, there is scope for … improvement and the recent overhaul of competition legislation should help to further promote competition. Much progress has been …
Persistent link: https://www.econbiz.de/10005045973
This paper assesses what role product market competition and reforms may have played in the performance of the Dutch …. Competition in product markets has been strengthened through the creation of a competition authority (NMa) and the Competition … competition, by reducing barriers to business start-ups and the expansion of small businesses, as well as lowering business costs …
Persistent link: https://www.econbiz.de/10005046018
competition, at the expense of consumers. The loss in efficiency from these policies will become more noticeable as Ireland …’s growth rate settles down towards more normal levels. International evidence suggests that enhancing competition is an … including electricity, telecommunications and inter-city buses. It also appraises the structure and enforcement of competition …
Persistent link: https://www.econbiz.de/10005046069