Leadership Contestability, Monopolistic Rents and Growth /

I construct an endogenous growth model where R and D is carried out at the industry level in a game of innovation between leaders and followers. Innovation costs for followers are assumed to increase with the technological lag from leaders. We obtain three results that contrast with standard Schumpe...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Piazza, Roberto
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2011.
Cyfres:IMF Working Papers; Working Paper ; No. 2011/063
Mynediad Ar-lein:Full text available on IMF