This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit-Stiglitz/Krugman-type setting. R&D activity is treated as a fixed cost of production. Within this framework, sectors...

This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit-Stiglitz/Krugman-type setting. R&D activity is treated as a fixed cost of production. Within this framework, sectors...

This note explores the relationship between the price elasticity of demand and the R&D intensity of the product. We introduce the concept of R&D intensity into a standard Dixit-Stiglitz/Krugmann-type setting. R&D activity is treated as a ficed cost of production. Within this framework, sectors...

Aus der Vorbemerkung: Diese Studie bietet keine umfassende Auslotung der internationalen Verflechtung im Dienstleistungsbereich; sie versteht sich vielmehr als Einstieg in diese komplexe Thematik, indem sie deren wichtigste Elemente aus theoretischer, statistischer und wirtschaftspolitischer...