Determinants of innovation behaviour and investment estimates for west-german manufacturing firms

Economics of Innovation and New Technology

Volumn 12, Issue 5, 2003, Pages 449-463

  Smolny, Werner ^a  

^a UNIVERSITY OF ULM   (Germany)

Author keywords

Business Cycle; Endogenous Innovations And Investment; Market Structure

Indexed keywords

EID: 33644982073     PISSN: 10438599     EISSN: 14768364     Source Type: Journal    
DOI: 10.1080/1043859022000029230     Document Type: Article

References (62)

1. Aghion, P., Bloom, N., Blundell, R., Griffith, R., and Howilt, R. 2002. Competition and innovation: An inverted U relationship, Institute of fiscal Studies. WP02/04
2. Aghion, P., and Howin, R. 1992. A model of growth through creative destruction. Econometrica, 60: 323–351.
3. Aghion, P., and Saint-Paul, G., 1993. “ Uncovering Some Causal Relationships Between Productivity Growth and the Structure of Economic Fluctuations ”. In National Bureau of Economic Research, Working Paper. 4603
4. Beaudry, P., and Koop, C., 1993. Do recessions permanently change output. Journal of Mantetary Economics, 31: 149–163.
5. Blanchard, O. J., and Quah, D., 1989. The dynamic effects of aggregate demand and supply disturbances. American Economic Review, 79: 655–673.
6. Blanchard, O. J., and Kiyotaki, N., 1987. Monopolistic competition and the effects of aggregate demand. American Economic Review, 77: 647–666.
7. Caballero, R. J., and Hammour, M. L., 1994. The cleansing effect of recessions. American Economic Review;, 84(5): 1350–1368.
8. Cambell, J. Y., and Mankiw, G., 1987. Arc output fluctuations transitory?. Quarterly Journal of Economics,: 857–880.
9. Cohen, W. M., and Levin, R. C., 1989. “ Empirical studies of innovation and market structure ”. In Handbook of Industrial Organization, Edited by: Schmalensee, R., and Willig, R. D., Vol. II, 1059–1107. Elsevier.
10. Dasgupta, P., and Stiglitz, J. E., 1980. Industrial structure and the nature of innovative activity. Economic Journal, 90: 266–293.
11. Fazzari, S. M., Hubbard, R. G., and Petersen, B. C., 1988. Financing constraints and corporate investment. Brookings Papers on Economic Activity:, 88(1): 141–195.
12. Flaig, G., and Stadter, M., 1994. Success breeds success - The dynamics of the innovation process. Empirical Economics, 19: 55–68.
13. Geroski, P. A., 1995. “ Innovation and competitive advantage ”. OECD Working Paper. 122
14. Geroski, R A., and Pomroy, R., 1990. Innovation and the evolution of market structure. Journal of Industrial Economics, 38: 299–314.
15. Geroski, P. A., and Walters, C. F., 1995. Innovative activity over the business cycle. Economic Journal, 105: 916–928.
16. Grossman, G. M., and Helpman, E., 1994. Endogenous innovation in the theory of growth. Journal of Economic Perspectives, 8(1): 23–44.
17. Kamien, M. I., and Schwarz, N. L., 1975. Market structure and innovation. A survey Journal of Economic Literature, 13: 1–37.
18. Pohlmeier, W. 1992. On the simultaneity of innovations and market structure. Empirical Economics, 17: 253–272.
19. Romer, P. M., 1990. Endogenous technological change. Journal of Political Economy;, 98: 71–102.
20. Scherer, F. M., and Ross, D., 1990. Industrial Market Structure and Economic Performance, Boston: Houghton.
21. Smolny, W., 1998a. Monopolistic price setting and supply rigidities in a disequilibrium framework. Economic Theory, 11: 157–169.
22. Smolny, W., 1998b. Innovations, prices, and employment A theoretical model and empirical application for West German manufacturing firms. Journal of Industrial Economics, XLVI(3): 359–381.
23. Smolny, W., 1999. International sectoral spillovers. An empirical analysis for German and U.S industries. Journal of Macroecomomics, 21(1): 8135–154.
24. Smolny, W., 2002. Imperfect competition, demand uncertainty and capacity adjustment A microeconomic model of the firm and come macroeconomic implications, Manuscript: Rubr-Uaiiversität Bachum.
25. Stiglitz, J. E., 1993. “ Endogenous Growth and Cycles ”. In National Bureau of Economic Research, Working Paper, No. 4286
26. Stiglitz, J. E., and Weiss, A., 1981. Credit rationing in markets with imperfect information. American Economic Review, 71: 393–410.
27. Anglin, P. M., 1992. The relationship between models of horizontal and vertical differentiation. Bulletin of Economic Research, 44(1): 1–20.
28. Aoki, R., 1995. Sequential vs simultaneous quality with Bertrand and Conrnot competitions, mimeo.: SUNY Stony Brook.
29. Boom, A., 1995. Asymmetric international minimum quality standards and vertical differentiation. Journal of Industrial Economics, 43(1): 101–119.
30. Brander, J. A., and Spencer, B. J., 1985. Export subsidies and market shore rivalry. Journal of International Economics, 18: 83–100.
31. Brander, J. A., and Spencer, B. J., 1984. “ Tariff protection and imperfect competition ”. In Monopolistic Competition and International Trade, Edited by: Kierzkowski, H., Oxford.: Clarendon Press.
32. Brezes, E. S., Krngman, P., and Tsiddon, D., 1993. Leapfrogging in international competition: A theory of cycles in national technological leadership. American Economic Review, 83: 1211–1210.
33. Cabrales, A., Garcia-Fontes, W., and Motta, M., 2000. Risk dominance selects the leader: An experimental analysis. International Journal of Industrial Organization, 18: 137–161.
34. Cabrales, A., and Motta, M., 2001. Country asymmetries, endogenous product choice and the timing of trade liberalization. European Economic Review:, 45(1): 87–107.
35. Champsaur, P., and Rochet, J.-C., 1989. Multiproduct duopolists. Ecanometrica, 57(3): 533–557.
36. Crampes, C., and Hollander, A., 1995. Duopoly and quality standards. European Economic Review:, 39: 71–82.
37. Cremer, H., and Thisse, J.-F., 1994. Commodity taxation in a differentiated oligopoly. International Economic-Review;, 35(3): 613–633.
38. Cremer, H., and Thisse, J.-F., 1991. Location models of horizontal differentiation: A special case of vertical differentiation models. Journal of Industrial Economics, 39(4): 383–390.
39. Crepon, B., Duguel, E., and Maircsse, J., 1998. “ Research, innovation and productivity: An Econometric Analysis at the Firm Level ”. NBER Working Paper No. 6696.
40. Das, S. P., and Donnenfeld, S., 1989. Oligopolistic competition and international trade: Quantity and quality restrictions. Journal of International Economics, 27(3-4): 299–318.
41. Eaton, J., and Grossman, G., 1986. Optimal trade and industrial policy under oligopoly. Quarterly Journal of Economics, 101: 383–406.
42. Feenstia, R. C., 1988. Quality change under trade restraints in Japanese autos. Quarterly Journals of Economics, February: 131–146.
43. Gabszewicz, J. J., and Thisse, J.-F., 1979. Price competition, qualify and income disparities. Journal of Economic Theory, 20: 340–359.
44. Heiguera, I., Kujal, P., and Petrakis, E., 2000. Quantity restrictions and endogenous quality choice. International Journal of Industrial Organization, 18(8): 1259–1278.
45. Herguera, I., Kujal, P., and Petrakis, E., 2002. Tariffs, quality reversals and exit in vertically differentiated industries. Journal of International Economics, 58(2): 467–492.
46. Kerguera, I., and Lutz, S., 1998. Oligopoly and quality leapfrogging. The World Economy, 21(1): 75–94.
47. Janz, N., and Peters, B., 2002. Innovation and innovation success in the German manufacturing sector: Econometric evidence at firm level, ZEW: mimco.
48. Kamien, M. I., and Schwartz, N. L., 1975. Market structure and innovation: A survey. Journal of Economic Literature, 13: 1–37.
49. Krishna, K., 1987. Tariffs vs quotas with endogenous quality. Journal of International Economics, 23: 97–122.
50. Lambeitini, L., and Orsini, R., 2000. Process and product innovation in a vertically differentiated monopoly. Economics Letters, 68(3): 333–337.
51. Levinsohn, J., 1988. “ Empirics of taxes on differentiated products: The cast of tariffs in the U.S. automobile industry ”. In Trade Policy Issues and Empirical Analysis, Edited by: Baldwin, R., Chicago.: NBER.
52. Lutz, S., 1993. Vertical product differentiation, minimum quality standards and international trade policy, Purdue University. PhD Dissertation
53. Lutz, S., 1996. “ Vertical Product Differentiation ”. In Quality Standards and International Trade Policy, CEPR Discussion Paper No. 1443
54. Lutz, S., 2000. Trade effects of minimum quality standards with and without deterred entry. Journal of Economic Integration, 15(2): 314–344.
55. Menzler-Hokkanen, I., 1994. “ Empirical comparisons of quality measures in international trade ”. In Quality Change and Competitiveness in International Trade, Helsinki: Helsinki School of Business Administration.
56. Mutta, M., 1993. Endogenous quantity choice: Price vs quantity competition. Journal of Industrial Economics, 41: 113–132.
57. Motta, M., Thisse, J.-F., and Cabrales, A., 1997. On the persistence if leadership or leapfrogging in international trade. International Economic Review;, 38(4): 809–824.
58. Mussa, M., and Rosen, S., 1978. Monoploy and product quality. Journal of Economic Theory, 18: 301–317.
59. OHCD and Eunostat, eds. 1997. Oslo Manual Manual Proposoed Guidelines for Collecting and Technological Innovation Data Paris
60. Rottnen, U., 1991. Minimum quality standards, fixed costs, and competition. Rand Journal of Economics, 22(4): 490–504.
61. Shaked, A., and Sutton, J., 1982. Relaxing price competition through product differentiation. Review of Economic Studies, 49: 3–13.
62. Shieh, S., and Peng, S. K., 2000. Adoption of a product innovation in the presence of vertical product innovation. Taiwan Economic Review, 28(4): 471–493.