Sequential technology adoption with asymmetric firms
We analyse the incentives and welfare implications of costly technology adoption in a two-period duopoly model where firms have different amounts of capital. We also extend our framework to an open economy set-up and examine the relationship between trade and technology adoption. Our findings are as...
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Veröffentlicht in: | The journal of international trade & economic development 2006-06, Vol.15 (2), p.157-172 |
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Hauptverfasser: | , |
Format: | Artikel |
Sprache: | eng |
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