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When firms enjoy increasing returns in presence of a high rate of innovation, competition may obtain due to the …
Persistent link: https://www.econbiz.de/10009200581
through catch up, and increased privatisation and competition are conducive to productivity growth. …
Persistent link: https://www.econbiz.de/10009200591
. (2004) Competition and Innovation: An Inverted U Relationship. NBER Working Paper series, No. 9269.) model are supported by … firm-level data. In particular, we analyze if there is an inverted U-shaped relation between competition and R&D. Results … Herfindahl index, results suggest that breaking up monopolies increases R&D, whereas further increases in competition most likely …
Persistent link: https://www.econbiz.de/10009200639
trade protection, particularly when other remedies are available to industries hurt by import competition. …
Persistent link: https://www.econbiz.de/10005387189
We study competitive, but strategic, brokers executing trades for an informed trader in multi-period setting. The brokers can choose to (a) execute the order, as agents, first, and trade for themselves as dealers, afterwards; or (b) trade for themselves first and execute the order later. We show...
Persistent link: https://www.econbiz.de/10005387353
Persistent link: https://www.econbiz.de/10005727150
This paper investigates whether there is convergence in Total Factor Productivity towards the technological frontier at the establishment level. We find convergence to the frontier is statistically and quatatively important, suggesting the existence of technology spillovers. Foreign...
Persistent link: https://www.econbiz.de/10005727535
This Study provides an analytical overview of the state of the European Union medical device industry with regard to the following aspects: a) the impact of innovation in medical devices on health costs and expenditure; b) the innovativeness of the European medical device industry; c) the...
Persistent link: https://www.econbiz.de/10010698100
increase their innovation efforts; thirdly, it increases the degree of product market competition. In this paper, we propose a …
Persistent link: https://www.econbiz.de/10010698138
I explore the effect of banking concentration and banking competition on the volatility of the growth of value added of … and competition on credit access. Following the industrial organization literature, I look at the effect of banking … competition and banking concentration on the volatility of manufacturing sectors separately. I find that banking concentration has …
Persistent link: https://www.econbiz.de/10010698307