haku: @author Groth, C. / yhteensä: 6
viite: 3 / 6
Tekijä: | Alvarez-Pelaez, M. J. Groth, C. |
Otsikko: | Too little or too much R&D? |
Lehti: | European Economic Review
2005 : FEB, VOL. 49:2, p. 437-456 |
Asiasana: | R&D Product variety |
Kieli: | eng |
Tiivistelmä: | According to the first generation models of endogenous growth based on expanding product variety, the market economy unambiguously generates too little R&D. Later, by distangling returns to specialization from the market power parameter, it was shown that with sufficiently low returns to specialization too much R&D can occur. |
SCIMA