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作者：Nicholas, T
摘要：Are firms with strong market positions powerful engines of technological progress? Joseph Schumpeter thought so, but his hypothesis has proved difficult to verify empirically. This article highlights Schumpeterian market-power and creative-destruction effects in a sample of early-twentieth-century U.S. industrial firms; his contention that an efficiently functioning capital market has a positive effect on the rate of innovation is also confirmed. Despite market power abuses by incumbents, the ...
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作者：Western University (University of Western Ontario)
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作者：Gulf University for Science & Technology (GUST)
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作者：Universidad Carlos III de Madrid; Universidad Carlos III de Madrid; Pompeu Fabra University
摘要：Spain provides an opportunity to study the causes of regional differences in industrial development over the nineteenth century. As transportation costs decreased and barriers to domestic trade were eliminated, Spanish manufacturing became increasingly concentrated in a few regions. This article combines Heckscher-Ohlin and economic-geography frameworks and finds that comparative-advantage and increasing-return effects were economically very significant and practically explained all difference...
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作者：Maurer, N
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作者：State University of New York (SUNY) System; SUNY Delhi
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作者：University of British Columbia
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作者：Crouzet, F
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作者：University of Rome Tor Vergata
摘要：The new sectoral estimates of industrial production in 1871, 1881, 1901, and 1911 are regionally allocated using census labor-force data. The regional aggregates suggest that the industrial triangle emerged over these decades out of a traditional surplus-recycling economy. The concomitant change in the industrial rankings argues against attributing the regions' different paths to their different initial conditions; surprisingly, too, overall growth does not seem closely tied to industrial deve...
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作者：University of Colorado System; University of Colorado Boulder
