Dynamic Investment and Product Market Rivalry: the Network Q Model
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We present a new dynamic model of corporate investment in imperfectly competitive product markets that extends the neoclassical (Q) theory of capital to accommodate heterogeneous, multi-product firms and a rich hedonic demand system. Our model endogenizes firms' markups and generalizes Tobin's Q to
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美国国家经济研究局创建时间：
2026-09-01
