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This paper proposes a methodology to investigate the process of technical change with a focus on the dynamic effects of R&D investments on productivity and on the induced innovation hypothesis for both inputs and outputs. The approach builds on a non-parametric representation of the underlying...

This article analyzes the efficiency of partial market liberalization and policy reform with an application to the European dairy sector. In a second best world, partial moves toward market liberalization are not always efficiency improving. We develop a general equilibrium model to investigate...

This paper proposes a methodology to investigate the process of technical change with a focus on the dynamic effects of R&D investments on productivity, and on the induced innovation hypothesis for both inputs and outputs. The approach builds on a nonparametric representation of the underlying...