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This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …
Persistent link: https://www.econbiz.de/10011957665
Value Added and Net Income of farms, as well as indicators regarding factor productivity, highlighting the relationship … between productivity, farm typology and farm size. EUROSTAT and European Commission statistics based on FADN survey from the … correlated with labour productivity. Improving the efficiency of production factors should contribute to reducing the disparities …
Persistent link: https://www.econbiz.de/10012517569
Persistent link: https://www.econbiz.de/10011706936
transport cost than leads to both overharvesting and under-harvesting in some regions. Due to these externalities market … of this paper is to study the role of market structure for the sustainable harvesting of natural resources. This work is … follows from market structure and is driven not only by population density but also by land ownership, land rent, transport …
Persistent link: https://www.econbiz.de/10011484450
Persistent link: https://www.econbiz.de/10011282853
We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO … and Fortis Bank NL in the Dutch retail banking market. The financial crisis delayed the completion of the merger giving … products using a random-coefficients logit model. On the supply side we assume Bertrand Nash competition in a multiproduct …
Persistent link: https://www.econbiz.de/10012268034
auctions may alter competition in the mobile market. … literature suggest a negative effect of (price) competition on investments in mobile networks. To the best of our knowledge this … is the first academic paper to provide a detailed analysis of how different characteristics of the market structure …
Persistent link: https://www.econbiz.de/10012289373
deep labour market crisis (e.g. Ruhr Area). Within a country, however, there are only minor differences in the institutions …. Increased productivity allows producing a given quantity wit less labour. This is the displacement effect of technical progress …
Persistent link: https://www.econbiz.de/10011575581
productivity growth in Europe, using the most recent Cambridge Econometrics regional database, EU KLEMS growth and productivity … accounts and EuroStat R&D data. We apply a reduced-form empirical specification for semi-endogenous productivity growth that … allows for differences in steady state income levels and long-run growth rates. Productivity growth in a region depends on …
Persistent link: https://www.econbiz.de/10011555673
The paper describes the dynamic features of the ICT sector today, through a comparison among countries of the evolving role of investments in R&D in ICT. 41 geographical areas are analysed: 28 European member states, the EU as a whole, the United States, Canada, Australia, five Asian countries...
Persistent link: https://www.econbiz.de/10011751048