The estimation of Barone-curves based on the Iwai-model

Based on the evolutionary model of Iwai, the authors show that the supply curve of Barone can be interpreted as an outcome of the dynamic process of Schumpeterian competition By using empirically given distributions of profits, the Barone-curve can be estimated significantly for different industries...

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Veröffentlicht in:Journal of economic behavior & organization 1993-06, Vol.21 (2), p.131-146
Hauptverfasser: Meyer, Bernd, Keuter, Alfons, Voβkamp, Rainer
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Sprache:eng
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