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 …

We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by … that export, invest in human capital or R&D, or have prior innovation experience. We also find that SOEs with internal R …

European Union countries have implemented widespread reforms to product markets in order to stimulate competition …, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme … (SMP) were associated with increased product market competition, as measured by a reduction in average profitability, and …

instrumenting is particularly important for estimating the effect of competition on the markup of the price leader. …

trajectories for the production of a differentiated good. We find that competition in the market for technology induces licensing …

We examine the bid-ask quotes offered by specialists (or dealers) who face indirect competition from other specialists …

The Profit Elasticity (PE) is a new competition measure introduced in Boone (2008). So far, there was no direct proof … that this measure can identify regimes of competition empirically. This paper focuses on this issue using data of Genesove … and Mullin (1998) in which different regimes of competition are identified. We derive a version of PE suitable for this …

microfoundations, the welfare consequences of rent seeking can be studied. In particular, I show that competition among rent seekers …