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the same club of states as used by McCunn and Huffman as well as different states within 10 clubs identified by the … statistical methodidentified only converging clubs. Variables affecting total factor productivity among states were identified …
Persistent link: https://www.econbiz.de/10009444364
Theoretical and empirical evidence suggest that in many markets with standards competition, network effects make the strong grow stronger and can “tip” the market toward a single, winner-take-all standard. We hypothesize, however, that this sort of standards-induced market dominance may be...
Persistent link: https://www.econbiz.de/10009441065