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Chocs de demande, effets d’apprentissage et exclusion

Catherine Bobtcheff, Claude Crampes () and Yassine Lefouili

Revue économique, 2019, vol. 70, issue 3, 441-453

Abstract: This note examines how an exogenous industry-wide demand shock, such as the one resulting from the use of governmental subsidies, affects the exclusionary potential of learning-by-doing.?We develop a two-period duopoly model in which an increase in a firm?s first-period output leads to a decrease in its second-period marginal cost, and apply it to two special scenarios.?In the first one demand and learning technologies are linear.?We establish that a positive demand shock amplifies the exclusionary effect of learning-by-doing if and only if firms are sufficiently asymmetric in their learning abilities.?In the second scenario, firms are infinitely impatient.?We emphasize the key role of the demand curvature as a determinant of the effect of a demand shock on the exclusionary potential of learning-by-doing.

Keywords: demand shocks; learning-by-doing; exclusion (search for similar items in EconPapers)
Date: 2019
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Related works:
Working Paper: Chocs de demande, effets d’apprentissage et exclusion (2019)
Working Paper: Chocs de demande, effets d’apprentissage et exclusion (2019)
Working Paper: Chocs de demande, effets d’apprentissage et exclusion (2019)
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