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Dynamics of the non linear learning curve with spillovers in a differentiated oligopoly: effects on industry structure

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  • Emanuela Randon
  • Ahmad Naimzada

Abstract

We analyse the effects on industry structure of non strategic learning by doing with spillovers in a differentiated oligopoly `a la Bertrand. The dynamics is driven by a non linear learning curve. Conditions for shakeouts are analysed, focusing on the key factors affecting them. Policy interventions to limit shakeouts are suggested.
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  • Emanuela Randon & Ahmad Naimzada, 2007. "Dynamics of the non linear learning curve with spillovers in a differentiated oligopoly: effects on industry structure," Journal of Evolutionary Economics, Springer, vol. 17(1), pages 95-106, February.
    • Handle: RePEc:spr:joevec:v:17:y:2007:i:1:p:95-106
    DOI: 10.1007/s00191-006-0032-6
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    Cited by:

    1. Esposti, Roberto, 2008. "Why Should Regional Agricultural Productivity Growth Converge? Evidence from Italian Regions," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 43955, European Association of Agricultural Economists.
    2. William Martin Tracy & M. V. Shyam Kumar & William Paczkowski, 2013. "Parametric interdependence, learning-by-doing, and industrial structure," Computational and Mathematical Organization Theory, Springer, vol. 19(4), pages 580-600, December.

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    More about this item

    Keywords

    Industry dynamics; Non linear learning curve; Spillover; Shakeouts; L11; L13; O31;
    All these keywords.

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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