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Market Structure and Innovation: A Dynamic Analysis of the Global Automobile Industry

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NBER2010-05-01 更新2025-01-04 收录
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We study the relationship between market structure and innovation in the global automobile industry from 1982 to 2004 using the dynamic industry framework of Ericson and Pakes (1995). Firms optimally choose a continuous level of innovation in a strategic and forward-looking manner, while

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2010-05-01
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