A Structural Empirical Model of R&D Investment, Firm Heterogeneity, and Industry Evolution
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This paper develops and estimates an industry equilibrium model of manufacturing plants in the Korean electric motor industry from 1991 to 1996. Plant-level decisions on R&D, physical capital investment, entry, and exit are integrated in a dynamic setting with knowledge spillovers. We use a
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美国国家经济研究局创建时间：
2022-02-01
