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To examine cross-country diffusion of new products, marketing researchers have to rely on a multivariate product growth model. We put forward such a model, and show that it is a natural extension of the original Bass (1969) model. We contrast our model with currently in use multivariate models...
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In order to assess the productivity effects of information and communication technologies (ICT), regressions based on …-GMM estimator yields evidence for significant productivity effects of ICT which are substantially smaller though than those …
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