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Accumulation and Productivity Growth in Industrializing Economies

Robertson, Peter E.; Landon-Lane, John S. - 2003

Historically, episodes of rapid growth are accompanied by significant structural change. In this paper we therefore aim to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing economies. To fix ideas we present an extension of...

Persistent link: https://www.econbiz.de/10010263207

Innovation Shortfalls

Maloney, William; Rodríguez-Clare, Andrés - 2005

There is a common perception that low productivity or low growth is due to what can be called an `innovation shortfall …,` usually identified as a low rate of investment in research and development (RD) compared with some high-innovation countries … problems that impede accumulation of all kinds of capital. When does a country suffer from an innovation shortfall above and …

Persistent link: https://www.econbiz.de/10010327177

The relation between competition and innovation: Why is it such a mess?

Schmutzler, Armin - 2010

Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative or positive effects on R&D-investment, respectively. Both possibilities arise in plausible situations, even if one uses relatively narrow definitions of increasing competition....

Persistent link: https://www.econbiz.de/10010315513

Competition and innovation: An experimental investigation

Sacco, Dario - 2007

The paper analyzes the effects of competitive intensity on firms' incentives to invest in process innovations through an experiment based on two-stage games, where R&D investment choices are followed by product market competition. An increase in the intensity of competition is modeled as an...

Persistent link: https://www.econbiz.de/10010315551

Competition and innovation: An experimental investigation

Sacco, Dario; Schmutzler, Armin - 2008

The paper analyzes the effects of more intense competition on firms' incentives to invest in process innovations. We carry out experiments based on two-stage games, where R&D investment choices are followed by product market competition. As predicted by theory, an increase in the number of firms...

Persistent link: https://www.econbiz.de/10010315588