Are Markups Too High? Competition, Strategic Innovation, and Industry Dynamics
Laurent Cavenaile; Murat Alp Celik; Xu Tian · 2026 · The Review of Economic Studies
WASTE classifies this as Negative / Null Result Report · AI classification, approximate
The study found no significant effect — useful as a negative control or null benchmark for your own design.
Abstract (excerpt)
Abstract To study competition, innovation, and industry dynamics that arise as a result of their interaction, we develop a new oligopolistic general-equilibrium Schumpeterian growth model. This model ties together the endogenous growth,…
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Metadata source: OpenAlex · DOI 10.1093/restud/rdag110