Firm entry and aggregate efficiency growth: An optimal dynamic - Program of entry and R&D investment
The effect of entry on the aggregate efficiency growth is still theoretically and empirically unresolved. Many studies focused on this effect in short and long-run, without considering the dynamic transition and how do entry affect the convergence of the industrytoward its long-run equilibrium? This...
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| Format: | Article |
| Language: | English |
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Università Carlo Cattaneo LIUC
2013-12-01
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| Series: | The European Journal of Comparative Economics |
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| Online Access: | http://eaces.liuc.it/18242979201303/182429792013100303.pdf |