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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 …
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green technologies is endogenously determined as a result of competition among coalitions. We examine a setting where the …
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of technological competitiveness (based on innovation in products and markets) or cost competitiveness (relying on … innovation in processes and machinery) and their impact on economic performances. We propose models for the determinants of … classes that group manufacturing and services industries with distinct patterns of innovation. Tests are carried out by …
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While reducing industrial greenhouse gas (GHG) emissions is undoubtedly necessary to avoid an ecological disaster, political support for environmental regulation depends largely on its effectiveness and expected side-effects. A potential fallout often associated with environmental policies is a...
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Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon …. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the US market's economic …
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