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This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …. From a long-run perspective, one can see that gains from competition-enhancing regulatory reform are likely to exceed … taking a dynamic perspective on competition and efficiency, one can also understand better the new modes of competition …
Persistent link: https://www.econbiz.de/10012446761
This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …. From a long-run perspective, one can see that gains from competition-enhancing regulatory reform are likely to exceed … taking a dynamic perspective on competition and efficiency, one can also understand better the new modes of competition …
Persistent link: https://www.econbiz.de/10014113850
Persistent link: https://www.econbiz.de/10013426949
Persistent link: https://www.econbiz.de/10012509269
Persistent link: https://www.econbiz.de/10014490465
The literature on horizontal innovation claims to analyse cases where unbounded endogenous growth comes from an increasing variety of intermediate goods. The present paper contends that a good sample of representative models in this literature share two essential assumptions regarding production...
Persistent link: https://www.econbiz.de/10012716545
The stability of cyclical growth within the context of a model in Matsuyama (1999) is examined. It is shown that but for an extreme situation, the two-cycles are unique and a range of parameter values which imply the stability of such cyclical growth is derived. The growth enhancing property of...
Persistent link: https://www.econbiz.de/10014076807
I study the relationship between competition and innovation, focusing on the distinction between product and process … competition and innovation, which focused on process innovations. New products allow firms to differentiate themselves from one … another. I demonstrate that the competition level that creates the most innovation incentive is higher for process innovation …
Persistent link: https://www.econbiz.de/10014425698
A government agency wants a facility to be built and managed to provide a public service. Two different modes of provision are considered. In a public-private partnership, the tasks of building and managing are bundled, whereas under traditional procurement, these tasks are delegated to separate...
Persistent link: https://www.econbiz.de/10013116354
We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and …-relevant feature of market power above and beyond markup dispersion. Trade liberalisation increases foreign competition and reduces the …
Persistent link: https://www.econbiz.de/10012507344