To reduce the competition from farmers who self-produce seed, an inbred line seed producercan switch to nondurable hybrid seed. In a two-period model we investigate the impactof crop durability on self-production, pricing and switching decisions, and we examine theimpact of license fees paid by...

We extend Bresnahan and Reiss’s (1991) model of local oligopoly to allow firm entry and exit over time.In our framework, entrants have to incur sunk costs in order to enter a market. After becomingincumbents, they disregard these entry costs in deciding whether to continue operating or to...

This paper describes major external changes to the U.S. public agricultural researchsystem over 1988-1999; describes the reactions of the public agricultural research system to theexternal changes, specifying the innovations that have occurred over the last decade; and drawsconclusions about the present...

This paper considers competition between two multinationals (U, J) who compete in a third market (K).The multinationals have similar cost structures, but differ in that J comes from a country that is “culturallysimilar” to K, and hence produces products that match more closely the...

Over the past two decades, the financial services industry has experienced a significant increase in competition and internal rivalry. Driven by deregulation and advances in information technologies, many historical institutional distinctions among financial intermediaries have disappeared or...

We develop a model with one innovating northern firm and several heterogeneousSouthern firms that compete in a final product market. We assume the southern firms differ intheir ability to adapt technology and use this heterogeneity to study the differing incentives ofsouthern governments to...

This paper examines the impact of public and private agricultural research andextension on agricultural total factor productivity at the state level. We test the hypothesis thatthe composition of agricultural experiment station funding—share of funding from impact offederal competitive grants...

Using a unique longitudinal data set on all manufacturing firms in Slovenia from 1994-2001, this study analyzes how firm efficiency changed in response to changing competitive pressures associated with the transition to market. Results show that the period was one of atypically rapid growth of...

[...]In dem Diskussionspapier geht es um die Frage, ob die Empfehlung den nationalen Regulierungsbehörden genügend Freiraum einräumt, nationale Besonderheiten in ihren Marktanalysen zu berücksichtigen. Im Rahmen dieses Diskussionsbeitrages wird zu-nächst kurz die Relevante-Markt-Empfehlung...

[...]In this article, we demonstrate how such industry-specific realexchange rates can be constructed and present the recent pathsof these indexes. We next present three basic real exchange ratemeasures for each industry: one using export partner weightsonly, a second using import partner...