Product Cycles and Market Penetration

Glass, Amy Jocelyn

doi:10.2307/2527220

Cited by 46 publications

(30 citation statements)

References 6 publications

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“…Moreover, we assume that the quality jump λ is not high enough that each top-quality producer firm can maximize 7 Without this assumption if a leader experiences successive innovations, followers will be pushed out of the market permanently. The assumption of immediate diffusion of the old production technology is discussed in Glass (1997) and widely used both in North-North models of trade and growth (e.g. Dinopoulos and Segerstrom, 1999), and in North-South models (Glass, 1997).…”

Section: Productionmentioning

confidence: 99%

“…The assumption of immediate diffusion of the old production technology is discussed in Glass (1997) and widely used both in North-North models of trade and growth (e.g. Dinopoulos and Segerstrom, 1999), and in North-South models (Glass, 1997).…”

Section: Productionmentioning

confidence: 99%

“…if there exists an ω such that q (ω, t) = Q(t)), the higher the average quality itself the more difficult innovation (in this case X(ω, t) = Q 1−φ 1 t ), which incorporates Jones (1995) increasing complexity argument to rule out the strong scale effect. Equation (16) implies that, log-differentiating the difficulty index between quality jumps in the sector, its evolution obeysẊ(ω, t)/X(ω, t) = −φ 1Q (t)/Q(t).…”

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confidence: 99%

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Globalization and Wage Polarization

Cozzi

Impullitti

2016

Review of Economics and Statistics

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In the 1980s and 1990s, the US labour market experiences a remarkable polarization along with fast technological catch-up, as Europe and Japan improve their global innovation performance. Is foreign technological convergence an important source of wage polarization? To answer this question, we build a multi-country Schumpeterian growth model with heterogeneous workers, endogenous skill formation and occupational choice.We show that convergence produces polarization through business stealing and increasing competition in global innovation races. Quantitative analysis shows that these channels can be important sources of US polarization. Moreover, the model delivers predictions on the US wealth-income ratio consistent with empirical evidence.

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Section: Productionmentioning

confidence: 99%

Section: Productionmentioning

confidence: 99%

mentioning

confidence: 99%

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Globalization and Wage Polarization

Cozzi

Impullitti

2016

Review of Economics and Statistics

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“…Some of the North-South trade literature on diffusion and technological progress 30 consider feedback effects between the North and 29 Refer to (Romer, 1986), (Romer, 1990) and (Krugman, 1991) for instance. 30 Refer to (Krugman, 1979), (Dollar, 1986), (Grossman and Helpman, 1991b), (Grossman and Helpman, 1991a), (Rivera-Batiz and Romer, 1991), (Barro and Sala-I-Martin, 1997) and (Glass, 1997). The communality of this strand of literature is only focused on two country or two region models, which consist of a rich North and a poor South or a core and a peripheral country.…”

Section: Resultsmentioning

confidence: 99%

“…5 Refer to (Romer, 1986), (Romer, 1990) and (Krugman, 1991) for instance. 6 Refer to (Krugman, 1979), (Dollar, 1986), (Grossman and Helpman, 1991b), (Grossman and Helpman, 1991a), (Rivera-Batiz and Romer, 1991), (Barro and Sala-I-Martin, 1997) and (Glass, 1997). models become very complex and cannot solved analytically and only numerically solutions remain.…”

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confidence: 99%

Modelling the Folk Theorem of Spatial Economics: A Heterogeneous Regional Growth Model

Klarl

2009

SSRN Journal

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During the last year, the research field of spatial economic has rapidly increased.There is consensus that the economic performance of a region depends not only on its own potential, but also on the development of their neighbouring regions. Knowledge spillovers, which are non constant over space, should influence the evolution of the region specific productivity. The so called "folk theorem of spatial economics" states, that increasing returns to scale are essential for explaining the uneven economic distribution of specific economic activity, which implies that knowledge spillover, agglomeration and distribution of per capita productivity are closely linked. Thus, the aim of this paper is, to introduce a spatial regional growth model, which links first time knowledge spillover, agglomeration, distribution of per capita productivity and the grasp of spillovers. Further, it is shown in a simulation study, how different regimes of returns to scale and grasps of knowledge affect agglomeration and distribution of per capita productivity. One of key findings is, that grasp of knowledge affects dynamic distribution of per capita productivity. Moreover, the simulation study particularly finds support for the "folk theorem of spatial economics".

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Industrial heterogeneity and international product cycles

Zou

Chen

2017

J. Econ.

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Product Cycles and Market Penetration

Cited by 46 publications

References 6 publications

Globalization and Wage Polarization

Globalization and Wage Polarization

Modelling the Folk Theorem of Spatial Economics: A Heterogeneous Regional Growth Model

Industrial heterogeneity and international product cycles

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