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The usual explanation for why the producers of a given product use different technologies involves "vintage-capital": A firm understands the frontier technology, but can still prefer an older, less efficient technology in which it has made specific physical and human capital investments. This paper develops an alternative.
Jovanovic, Boyan, MacDonald, Glenn M.
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Competition lessens competition
Economics Letters, 2013We experimentally analyse simultaneous behaviour in a contest game and a public good game, whose endowment is shared. Competition for resources (i) almost eliminates overbidding, without affecting public good contributions and (ii) almost eliminates the behavioural spillovers between the games.
Godoy, Sara +2 more
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Competition, competition policy, competitiveness, globalization and development [PDF]
This paper explores the connections between globalization, competition, competition policy and competitiveness. These concepts and the relationships between them have emerged as important issues in the current development debate at both national and international levels.
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How Competitive Is Competitive Bidding?
Health Affairs, 1991In recent years, states have undertaken numerous efforts to curtail the rapidly rising costs of Medicaid, the federal/ state program of health insurance for the poor. Some of these efforts have centered on increasing the level of competition in medical care markets in the hope of bringing down prices for services.
L, Paringer, N, McCall
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National Tax Journal, 2014
Competition at the subnational level concerns how jurisdictions set tax, spending, or regulatory policies while accounting for the fact that these policies affect the locations of individuals, firm...
David R. Agrawal +2 more
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Competition at the subnational level concerns how jurisdictions set tax, spending, or regulatory policies while accounting for the fact that these policies affect the locations of individuals, firm...
David R. Agrawal +2 more
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International Competitiveness [PDF]
This paper develops and tests a model of differing trends in international competitiveness and economic growth across countries. The model relates the development of market shares at home and abroad to three sets of factors: the ability to compete in technology, the ability to compete in delivery(capacity) and the ability to compete in price. The test,
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