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The Effects of Market Linkages and the Natural Rate of Discoveries on Market Structure

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  • Nuno Palma
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    Abstract

    The traditional approach makes investment in innovation constrained by market structure. This paper explores the causality from innovation to market structure. Omitting this causality direction on empirical models may explain empirical problems and contradictions on these models.

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    File URL: http://pascal.iseg.utl.pt/~depeco/wp/wp172005.pdf
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    Bibliographic Info

    Paper provided by Department of Economics at the School of Economics and Management (ISEG), Technical University of Lisbon. in its series Working Papers with number 2005/17.

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    Date of creation: 2005
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    Handle: RePEc:ise:isegwp:wp172005

    Contact details of provider:
    Postal: Department of Economics, School of Economics and Management (ISEG), Technical University of Lisbon, Rua do Quelhas 6, 1200-781 LISBON, PORTUGAL
    Web page: https://aquila.iseg.utl.pt/aquila/departamentos/EC

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    Keywords: R&D; Market Structure.;

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    1. Aghion, P. & Howitt, P., 1990. "A Model Of Growth Through Creative Destruction," DELTA Working Papers 90-12, DELTA (Ecole normale supérieure).
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