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a high level of competition. What a country produces and how much it competes domestically and internationally are … important for achieving fair and inclusive markets. We explore policy options to steer industrial and market structures toward …
Persistent link: https://www.econbiz.de/10012517949
We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad … marked increase in inequality. Beyond consumer welfare in a narrow market, competition policy should adapt to this new …
Persistent link: https://www.econbiz.de/10012518975
enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main … competition-friendly and therefore more growth-enhancing. …
Persistent link: https://www.econbiz.de/10009359485
alternative theories. In this survey, we focus on four important aspects, namely: (i) the role of competition and market structure …
Persistent link: https://www.econbiz.de/10010869049
addressed by alternative theories. In this survey, we focus on four important aspects, namely: (i) the role of competition and …
Persistent link: https://www.econbiz.de/10010741440
by alternative theories. In this survey, we focus on four important aspects, namely: (i) the role of competition and …
Persistent link: https://www.econbiz.de/10010822920
Transition has entailed the introduction of policies to stimulate product market competition, to establish effective … relationship between competition and innovation, Aghion, Dewatripont and Rey (1999) showed that this could be reversed if agency … considerations were introduced. In their model competition acts as an incentive mechanism to reduce managerial slack, which produces …
Persistent link: https://www.econbiz.de/10009477161
We provide an outline for viewing the middle-income trap through the lens of the Schumpeterian growth paradigm, which places the notion of creative destruction at the center of economic growth. Economic growth and development come from the interplay between changes in economic structure and...
Persistent link: https://www.econbiz.de/10011725592