A note on testing for complementarity and substitutability in the case of multiple practices
Martin Carree,
Boris Lokshin and
Rene Belderbos
No 2010-056, MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT)
Abstract:
Recent empirical studies of firm-level performance have tested complementarity in the case of multiple practices. These papers have drawn conclusions using potentially biased estimates of pair-wise interaction effects. We develop a consistent and simple testing framework and test it against alternatives.
Keywords: Complementarity; Supermodularity; Firm performance; R&D Management (search for similar items in EconPapers)
JEL-codes: C12 D24 O32 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (5)
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Journal Article: A note on testing for complementarity and substitutability in the case of multiple practices (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:unm:unumer:2010056
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