Arbeitspapier
Learning by doing and multiproduction effects over the life cycle: evidence from the semiconductor industry
In this study we derive a structural econometric model of learning by doing with multiproduct competition from a dynamic oligopoly game. We show the importance to account for multiproduction effects through product differentiation when measuring learning by doing. Using quarterly firm-level data for the dynamic random access memory semiconductor industry, we provide evidence that accounting for multiproduction results in lower learning effects and firms behaving more competitive in the product market. We can confirm that firms follow intertemporal production plans for investing in future cost reductions. We also find that learning effects are higher at the beginning of the life cycle.
- Language
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Englisch
- Bibliographic citation
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Series: WZB Discussion Paper ; No. FS IV 02-23
- Classification
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Wirtschaft
- Subject
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Dynamic Random Access Memory
Dynamics
Economies of Scale
Learning by Doing
Multiproduct Firms
Product Life Cycle
Product Market Competition Semiconductors , Spillovers
- Event
-
Geistige Schöpfung
- (who)
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Siebert, Ralph
- Event
-
Veröffentlichung
- (who)
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Wissenschaftszentrum Berlin für Sozialforschung (WZB)
- (where)
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Berlin
- (when)
-
2002
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Siebert, Ralph
- Wissenschaftszentrum Berlin für Sozialforschung (WZB)
Time of origin
- 2002
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