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problematic, particularly in dynamic markets, because economic theory does not often allow a confident prediction of what would … cases should be required to support their claims with a plausible theory and evidence, and that the burden should be greater …
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In this paper we examine how to account for growth when new inputs are being created. In particular, we obtain a decomposition of growth into that due to a higher quantity of existing inputs, and that due to a greater range of inputs. This decomposition is first obtained for a single firm, with...
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by about 20%, increasing the economywide cost of monopoly distortions by two orders of magnitude compared to the famous 0 …
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