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This article examines the effects of intellectual property rights (IPR) protection on growth and convergence. Firms in a country undertake both innovation and imitation to improve their productivity. IPR protection reduces the cost of innovation, but makes imitation more costly. Countries at...
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This article examines the effects of industrial natural entry barrier and country entry regulation on industrial markups for 13 OECD countries. We find that markup ratios are high in industries with high natural entry barrier and in countries with high-entry regulation. In addition, markups are...
Persistent link: https://www.econbiz.de/10005468237
Purpose – The aim of the research is to achieve a robot skin which is easy to use, and can detect both position and force interacted between robot and environments. Design/methodology/approach – The new type of robot skin proposed in this paper includes two functional modules – contact...
Persistent link: https://www.econbiz.de/10014835730
This paper studies the estimation of time series regression when both regressors and disturbances have long memory. In contrast with the frequency domain estimation as in Robinson and Hidalgo (1997), we propose to estimate the same regression model with discrete wavelet transform (DWT) of the...
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