Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

The relationship between competition and innovation is difficult to disentangle, as exogenous variation in market … economy instead of standard antitrust concerns. In technology areas where the breakup reduced concentration, patenting …-induced innovation increase by the IG Farben successors, which then spilled over to the wider chemical industry …

to workplace innovation. Under our theoretical model, which extends the Cournot duopoly innovation model, local union … wage bargaining is more conducive to innovation - particularly product innovation - than competitive pay setting. We test … with process innovation …

decades.The results show that technology innovation can be regarded as a more important factor of productivity growth, rather …

threat of low-wage competition from Central and Eastern European Countries is relatively high. In addition, firms paying …

regulation. We focus on two issues that should receive more attention in discussions of Mexican policy. (1) The family is under … heavy burden of monopoly and regulation. We find little evidence that the introduction of social protection programs for …

We analyze how an entry regulation that imposes a mandatory educational standard affects entry into self-employment and … Germany after reunification. Consistent with our expectations, we find that entry regulation reduces entry into self …

. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …