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
Hauptverfasser: Ghosh, Arghya, Haque, Munirul Nabin
Format: Artikel
Sprache:eng
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