| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2833 |
| DP2833 Obsolescence | |
| Thorvaldur Gylfason; Gylfi Zoega | |
| 发表日期 | 2001-06-01 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | This Paper examines the effect of price competition on innovation, market structure and profitability in R&D-intensive industries. The theoretical predictions are tested using UK data on the evolution of competition, concentration, innovation counts and profitability over 1952-77. The econometric results suggest that the introduction of restrictive practices legislation in the UK had no significant effect on the number of innovations commercialized in previously cartelized R&D-intensive manufacturing industries, while it caused a significant rise in concentration in these industries. In the short run profitability decreased, but in the long run it was restored through the rise in concentration. |
| 主题 | Industrial Organization |
| 关键词 | Cartels Innovation Manufacturing Market structure Profitability Price competition Uk |
| URL | https://cepr.org/publications/dp2833 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531880 |
| 推荐引用方式 GB/T 7714 | Thorvaldur Gylfason,Gylfi Zoega. DP2833 Obsolescence. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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