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Using data from the U.S. automobile market, we empirically examine the link between competition and innovation …. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the U.S. market … this an interesting market to examine the link between competition and innovation. We use firm-level time-series data over …
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The purpose of this paper is to define innovation and to proffer evidence of its existence through the use of … statistical method and mathematical modeling. Innovation is defined by the confidence interval of the normal probability … probability distribution density curve ( α = 0.025) is an area of focus for innovation analysis. The lower tail of the curve: −α …
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Parametric aggregation of heterogeneous micro production technologies is discussed. A four-factor Cobb-Douglas function with normally distributed firm specific coefficients and with log-normal inputs (which agrees well with the available data) is specified. Since, if the number of micro units is...
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Total Factor Productivity (TFP)is often used on the macro-economic level as an indicator of changes in efficiency of a … Productivity of Mongolia was tested not only for errors in all estimated values but also for measurement errors in the data. It was …
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