Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/22085 
Year of Publication: 
2004
Series/Report no.: 
Tübinger Diskussionsbeiträge No. 281
Publisher: 
Eberhard Karls Universität Tübingen, Wirtschaftswissenschaftliche Fakultät, Tübingen
Abstract: 
This paper develops an extended version of the quality-ladder model by allowing for heterogeneous markets. Based on this model, it presents an empirical analysis of innovation-based growth at the market level using a technometric measurement concept. It can be shown that a growth-promoting effect due to technological progress in a particular, single year is observed after between two and up to seven years. This is true not only for highly innovative markets, but also for those in which fewer R&D resources are invested.
Subjects: 
Innovative Activities
Quality Ladders
Endogenous Market Growth
Technometrics
JEL: 
O33
L16
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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