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Dynamic entry in vertically differentiated markets

Auer, Raphael A.; Sauré, Philip - 2016

We develop a model of vertical innovation in which firms incur a market entry cost and choose a unique level of quality. Once established, firms compete for market shares, selling to consumers with heterogeneous tastes for quality. The equilibrium of the pricing game exists and is unique within...

Persistent link: https://www.econbiz.de/10011547909

Effects of intellectual property rights protection and integration on economic growth and welfare

Lai, Chung-hui; Wang, Vey - 2015

The protection of intellectual property rights (IPR) and the distribution of rent are central issues in R&D-based growth models with the return to innovation serving as the engine of growth. In this paper the authors consider the strength of the intellectual property rights and franchise...

Persistent link: https://www.econbiz.de/10010462546

Perfect Competition and Endogenous Comparative Advantage

Durkin, John T. - 2001

This paper analyzes a dynamic, Ricardian model of international trade in which relative differences in technology are endogenously determined by investments in innovation by competitive firms. It considers the impact of these investments on trade patterns and the effect of trade patterns on...

Persistent link: https://www.econbiz.de/10014076208

Trade and Firm Heterogeneity in a Schumpeterian Model of Growth

Zhao, Lex - 2010

The present paper explores the effect of trade liberalization on the level of productivity as well as the rate of productivity growth in an R&D-based model with heterogeneous firms. We introduce new and plausible features that are absent in existing studies. First, technical progress takes the...

Persistent link: https://www.econbiz.de/10013142326

Employment Protection, Firm Selection, and Growth

Poschke, Markus - 2021

endogenous growth through selection and imitation is developed. It is consistent with recent evidence on firm dynamics and on the … importance of reallocation for productivity growth. In the model, growth is driven by selection among heterogeneous incumbent … continuing firms raises growth by promoting selection. Also charging them to exiting firms is akin to an exit tax, hampers …

Persistent link: https://www.econbiz.de/10013316706

Market Structure and Schumpeterian Growth

Lambson, Val E.; Phillips, Kerk - 2015

We present a discrete-time version of an otherwise standard Schumpeterian growth model. Discrete time exhibits two important differences from continuous time. First, the probability of successful innovation cannot be homogeneous of degree one in inputs. A natural R&D analogue to constant returns...

Persistent link: https://www.econbiz.de/10014072136

Trade, firm selection, and innovation : the competition channel

Impullitti, Giammario; Licandro, Omar - 2016

Persistent link: https://www.econbiz.de/10011500431

Chapter 3. Technical Change and Industrial Dynamics as Evolutionary Processes

Dosi, Giovanni; Nelson, Richard R. - 2010

This chapter reviews and integrates much of what has been learned on the processes of technological evolution, their main features, and their effects on the evolution of industries. First, we map and integrate the various pieces of evidence concerning the nature and structure of technological...

Persistent link: https://www.econbiz.de/10014025173

Endogenous enforcement of intellectual property, North-South trade, and growth

Schäfer, Andreas; Schneider, Maik T. - 2011 - This version: August 2011

While most countries have harmonized intellectual property rights (IPR) legislation, the dispute about the optimal level of IPR-enforcement remains. This paper develops an endogenous growth framework with two open economies satisfying the classical North-South assumptions to study (a)...

Persistent link: https://www.econbiz.de/10009312504

Resource wealth, innovation and growth in the global economy

Peretto, Pietro F.; Valente, Simone - 2010

We analyze the relative growth performance of open economies in a two-country model where different endowments of labor and a natural resource generate asymmetric trade. A resource-rich economy trades resource-based intermediates for final manufacturing goods produced by a resource-poor economy....

Persistent link: https://www.econbiz.de/10008746491

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