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Consistent with two models of imperfect competition in the labor market, the efficient bargaining model and the monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We show that both product and labor market imperfections...
Persistent link: https://www.econbiz.de/10008564713
This paper consists in a detailed robustness investigation of the Crépon, Duguet and Mairesse [1998] (CDM) econometric framework, which encompasses as a reduced form equation the production function extended to R&D, as pioneered by Zvi Griliches. We focus on the sensitivity of the estimated...
Persistent link: https://www.econbiz.de/10010898223
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly been estimated on cross-sectional data. It considers four nonlinear dynamic simultaneous equations models that include individual effects and idiosyncratic errors correlated...
Persistent link: https://www.econbiz.de/10010696630
This article provides evidence of rent sharing from orthogonal directions by exploiting different dimensions in the same data. Taking advantage of a rich matched employer-employee dataset for France over the period 1984-2001, we consistently compare across-industry heterogeneity in rent-sharing...
Persistent link: https://www.econbiz.de/10008457148
This article provides evidence of rent sharing from orthogonal directions. Taking advantage of a rich matched employer-employee dataset for France, we compare consistently across-industry heterogeneity in rentsharing parameters relying on three different approaches: (i) the productivity...
Persistent link: https://www.econbiz.de/10008459865
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This paper compares the contribution of R&D to innovation in terms of the various innovation output measures provided by the third Community Innovation Survey (CIS 3) for French manufacturing firms and in terms of accounting for interindustry innovation differences.
Persistent link: https://www.econbiz.de/10005670172