Distorted Innovation: Does the Market Get the Direction of Technology Right?
收藏NBER2023-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w30922
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资源简介：
In the presence of markup differences, externalities and other social considerations, the equilibrium direction of innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing comparative static results and characterizes potential
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美国国家经济研究局创建时间：
2023-02-01
