Dokumentenserver der Freien Universität Berlin

Objekt-Metadaten

Wages and productivity growth in a dynamic oligopoly
Bester, Helmut ;  Milliou, Chrysovalantou ;  Petrakis, Emmanuel ;  Universität <Berlin, Freie Universität> / Fachbereich Wirtschaftswissenschaft

Main titleWages and productivity growth in a dynamic oligopoly
AuthorBester, Helmut
AuthorMilliou, Chrysovalantou
AuthorPetrakis, Emmanuel
InstitutionUniversität <Berlin, Freie Universität> / Fachbereich Wirtschaftswissenschaft
No. of Pages27 S.
Series Discussion paper / School of Business & Economics ; 2009/18 : Economics
Keywordsinnovation; labor productivity; oligopoly; wage differentials; productivity growth; industry dynamics
Classification (DDC)338 Production
AbstractThis paper studies the innovation dynamics of an oligopolistic in-
dustry. The firms compete not only in the output market but also by
engaging in productivity enhancing innovations to reduce labor costs.
Rent sharing may generate productivity dependent wage differentials.
Productivity growth creates intertemporal spill–over effects, which af-
fect the incentives for innovation at subsequent dates. Over time the
industry equilibrium approaches a steady state. The paper character-
izes the evolution of the industry’s innovation behavior and its market
structure on the adjustment path.
Documents
pdf-Datei
If your browser can't open the file, please download the file first and then open it
 
FU DepartmentDepartment Business and Economics
Other affiliation(s)Institut für Wirtschaftstheorie Lehrstuhl für Mikrotheorie
Year of publication2009
Type of documentBook
LanguageEnglish
Terms of use/Rights Nutzungsbedingungen
Created at2010-03-01 : 11:51:33
Last changed2014-01-23 : 04:20:12
 
Static URLhttp://edocs.fu-berlin.de/docs/receive/FUDOCS_document_000000004936
ISBN978-3-941240-11-7
Statistics
 

LOADING...