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When a continuum of technologies is introduced to the model of Grossman and Helpman (1991), both continuous and discrete technological progress may occur as a result of technology choices by private firms. A good is created through R&D based on one of a continuum of technologies that differ in...
Persistent link: https://www.econbiz.de/10010332272
AT&T was known for both funding a world-class research lab and delaying deployment of useful innovations from the lab. To explain this behavior we consider a model with an incumbent facing a potential entrant. The incumbent can choose from two technologies for production: old and new. The...
Persistent link: https://www.econbiz.de/10010332466
This paper develops two extensions of the dynamic model presented in Melitz (2003). The first extension consists in the introduction of technology choice between three alternative production technologies: L, M and H. L is assumed to be the same as Melitz's single production technology, while M...
Persistent link: https://www.econbiz.de/10010265957
It is believed that the primary economic solution to climate change is an introduction of a carbon pricing system anchored to the social cost of carbon, either as a form of tax or tradable permits. Potentially significant externalities accompanying the introduction of emission-reducing...
Persistent link: https://www.econbiz.de/10010267264
It is often emphasized that the primary economic solution to climate change is the introduction of a carbon pricing system (tax or tradable permits) anchored to the social cost of carbon. This standard argument, however, misses the fact that if emission reduction is sought through the use of...
Persistent link: https://www.econbiz.de/10010285486
China has experienced a period of tremendous economic growth in recent years. In an attempt to explain this development … of China's performance. This study investigates to what extent these productivity increases can be explained by …, the process of copying technological knowledge invented throughout the world. To uncover a measure of China …
Persistent link: https://www.econbiz.de/10010320976
added production function of the State Owned (SOE) and Foreign-Funded Enterprises(FFE) in China, 1980s-2007. The transition … associated with the economic reforms in China is estimated applying a curvilinear logistic function, where the speed and the …
Persistent link: https://www.econbiz.de/10010287749
(MNC) affiliates in India compared to the case of China, using the unique affiliate-level data. The study shows that … that India will grow as an export platform similar to China because of the former country's unique FDI experiences and …
Persistent link: https://www.econbiz.de/10010287931
added production function of the State Owned (SOE) and Foreign-Funded Enterprises (FFE) in China, 1980s-2007. The transition … associated with the economic reforms in China is estimated applying a curvilinear logistic function, where the speed and the …
Persistent link: https://www.econbiz.de/10010288155
The following essay deals with this kind of conflict as a possible consequence of the piggybacking strategy, presenting a theoretical part (chapter 2) followed by an empirical analysis (chapter 3). The latter is based on an opinion poll among German firms that have been asked to evaluate the...
Persistent link: https://www.econbiz.de/10010435565