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international trade with heterogeneous firms predict that industry productivity will rise as trade costs fall due to the … costs over time and industries. As the models predict, productivity growth is faster in industries with falling trade costs …
Persistent link: https://www.econbiz.de/10012469059
international trade with heterogeneous firms predict that industry productivity will rise as trade costs fall due to the … costs over time and industries. As the models predict, productivity growth is faster in industries with falling trade costs …
Persistent link: https://www.econbiz.de/10014031018
international trade with heterogeneous firms predict that industry productivity will rise as trade costs fall due to the … costs over time and industries. As the models predict, productivity growth is faster in industries with falling trade costs …
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This study analyzes the equilibrium level of product differentiation, aggregate profit, and aggregate welfare from competition and two types of cooperation in product R&D investments in an international duopoly model under price competition. We show that the equilibrium level of product...
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