Search

Showing 3,781-3,800 of 18,322 items.

Technological Change, Technological Catch-up, and Capital Deepening: Relative Contributions to Growth and Convergence

By Subodh Kumar and R. Robert Russell

American Economic Review, June 2002

We decompose labor-productivity growth into components attributable to (1) technological change (shifts in the world production frontier), (2) technological catch-up (movements toward or away from the frontier), and (3) capital accumulation (movement alon...

Reputation and Competition

By Johannes Hörner

American Economic Review, June 2002

This paper shows how competition generates reputation-building behavior in repeated interactions when the product quality observed by consumers is a noisy signal of firms' effort level. There are two types of firms and "good" firms try to distinguish them...