Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/94600
Authors: 
Filson, Darren
Year of Publication: 
2000
Series/Report no.: 
Claremont Colleges Working Papers in Economics 2000-05
Abstract: 
This paper estimates the nature and effects of quality and cost innovations in the early automobile, personal computer, rigid disk drive, computer monitor, and computer printer industries using industry-level data on firm numbers, price, quantity, and quality along with an equilibrium model of industry evolution. The results challenge the notion that new industries experience a pattern of quality innovation early on followed by cost innovation later on. In the four microelectronics industries the rate of quality improvement does not diminish as the industries evolve. The results for the automobilie industry demonstrate that even the when the rate of quality improvement is highest early on, the profitability of quality advantages may be higher later on.
Subjects: 
shakeout
product and process innovation
technological change
industry dynamics
technology
JEL: 
L10
L63
O31
Document Type: 
Working Paper

Files in This Item:
File
Size
2.18 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.