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...
| Príomhchruthaitheoir: | |
|---|---|
| Formáid: | IRIS |
| Teanga: | English |
| Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2011.
|
| Sraith: | IMF Working Papers; Working Paper ;
No. 2011/063 |
| Rochtain ar líne: | Full text available on IMF |