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I distinguish the impacts of input spillovers and imperfect appropriability of the revenue generated by cost-saving innovation in a racing model. Comparative- static relationships with respect to the level of spillovers depend on the levels of post-innovation payoffs; comparative-static relationships with respect to the degree of appropriability depend on changes in the levels of post-innovation payoffs...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.