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study the effect of this process innovation on prices at stations that are automated and their competitors using a …
Persistent link: https://www.econbiz.de/10011648312
of the changes in technology. The technological perspective of innovation is analyzed by taking into account all types of … channels, not just those at the retail distribution level. This perspective can be divided into an area of innovation in … vertical relationships between channel members and an area of innovation in relationships with final demand. The main fronts of …
Persistent link: https://www.econbiz.de/10014153010
Innovation in marketing channels is a theme that has been treated in reference to specific areas of innovation or to … as a whole. This work aims to analyze the theme of innovation in marketing channels with a perspective focused on the … insights can be conducted to capture the extent and effects of the changes that occur, as a result of innovation …
Persistent link: https://www.econbiz.de/10014145889
This paper explores an equilibrium model for industry entry dynamics and technological change. We focus on the share valuation of firms in the transition as technology changes, and whether or not share prices are always increasing when technology improves. We find that there can be a U-shaped...
Persistent link: https://www.econbiz.de/10011408812
The U.S. payments industry is in the process of developing ubiquitous, safe, faster electronic solutions for making a broad variety of business and personal payments. How this market for faster payments will evolve will be shaped by a range of economic forces, such as economies of scale and...
Persistent link: https://www.econbiz.de/10012943870
We assess the impact of fiscal adjustments (and technology) on the evolution of markups in a panel of 14 OECD countries. We allow for smooth changes in the technological parameters by generating measures of TFP compatible with markups and assess the interaction between the two variables. Our...
Persistent link: https://www.econbiz.de/10013019347
tying increases innovation, which is an efficiency not considered in other tying models. Intuitively, technological tying … technology on system profits. More importantly, the additional innovation, associated with technological tying, may benefit … consumers more than anticompetitive effects hurt them, suggesting that innovation efficiency should be an important …
Persistent link: https://www.econbiz.de/10012709640
This paper explores an equilibrium model for industry entry dynamics and technological change. We focus on the share valuation of firms in the transition as technology changes, and whether or not share prices are always increasing when technology improves. We find that there can be a U-shaped...
Persistent link: https://www.econbiz.de/10013320671
This paper provides new evidence on the main characteristics of laggard firms - firms in the bottom 40% of the productivity distribution - and their potential for productivity growth. It finds that laggards are on average younger and smaller than more productive firms, and matter for aggregate...
Persistent link: https://www.econbiz.de/10012421285
We estimate a structural vector autoregressive model in order to quantify four main explanations for the decline of the US labor income share: (i) rising market power of firms, (ii) falling market power of workers, (iii) higher investmentspecific technology growth, and (iv) the widespread...
Persistent link: https://www.econbiz.de/10012214393