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Nonfundamental representations of the relation between technology shocks and hours worked
Barigozzi, Matteo; Capasso, Marco - 2008
Estimating the response of hours worked to technology shocks is often considered as a crucial step for evaluating the … estimated using a VAR, and retrieve alternative nonfundamental representations of the relation between technology shocks and … conditioning on a technology shock. This result is more robust than the results by Christiano et al. [2004], because it is …
Persistent link: https://www.econbiz.de/10010328611
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Entry and the Choice between Greenfield or Takeover: The Neglected Technological Determinants
Fölster, Stefan; Nyberg, Sten - 1993
Persistent link: https://www.econbiz.de/10010334868
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Beef up your competitor: a model of advertising cooperation between internet search engines
Sapi, Geza; Suleymanova, Irina - 2009
the effects of an agreement where the more advanced firm shares its technology with the inferior one. We show that the …
Persistent link: https://www.econbiz.de/10010271093
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Trade Policy of Transition Economics
Moraga, Jose Luis; Viaene, Jean-Marie - 2000
finance productivity and technology improvements. Third, in terms of social welfare, no equivalence result between the effects …
Persistent link: https://www.econbiz.de/10010324646
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Anti-dumping, Intra-industry Trade and Quality Reversals
Moraga-Gonzalez, Jose Luis; Viaene, Jean-Marie - 2004
We examine an export game where two firms (home and foreign), located in two differentcountries, produce vertically differentiated products. The foreign firm is the most efficientin terms of R&D costs of quality development and the foreign country is relatively larger andendowed with a...
Persistent link: https://www.econbiz.de/10010325360
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Asymmetric information and overinvestment in quality
Belleflamme, Paul; Peitz, Martin - 2009
In a standard adverse selection world, asymmetric information about product quality leads to quality deterioration in the market. Suppose that a higher investment level makes the realization of high quality more likely. Then, if consumers observe the investment (but not the realization of...
Persistent link: https://www.econbiz.de/10010264613
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Wealth as a signal in the search model of money
Okumura, Tsunao - 2005
This paper investigates the possibility that wealth (holdings of money) serves as a signal of ability to produce high quality products for agents who cannot directly observe the quality of the products. A producer's wealth may advertise past success in selling products to agents who knew the...
Persistent link: https://www.econbiz.de/10010266277
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The choice of environmental policy instruments: Energy efficiency and redistribution
Haupt, Alexander; Stadejek, Magdalena - 2010
We analyse optimal environmental policies in a market that is vertically differentiated in terms of the energy efficiency of products. Considering energy taxes, subsidies to firms for investment in more eco-friendly products, and product standards, we are particularly interested in how...
Persistent link: https://www.econbiz.de/10010270546
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Consumers and the brain drain: product design and the gains from emigration
Kuhn, Peter; McAusland, Carol - 2008
We consider the welfare effects of skilled worker emigration in a context where skilled labor plays a role in product design. We show such emigration can benefit the residents left behind, even when consumers' tastes exhibit a form of home bias. This is because emigration improves the design of...
Persistent link: https://www.econbiz.de/10010274534
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Product quality, informality, and child labour
Fotoniata, Eugenia; Moutos, Thomas - 2011
This paper studies the interactions between the structure of product demand, relative wages, and the allocation of economic activity across two sectors. The agrarian sector produces a homogeneous good and consists of informal firms employing adults and children. The modern sector produces a...
Persistent link: https://www.econbiz.de/10010277363