Abstract
In this paper, we use the concepts product and price competition to describe the early and late stages of the product cycle respectively. Central regions are expected to offer locational advantages to product competing production, while the opposite is true for price competing production. Based upon this expectation we develop hypotheses concerning the characteristics of product and price competition in central and peripheral regions with regard to productivity, employment, gross profit shares, and changes in such characteristics over time. Our empirical tests show that the differences between the periphery and the central regions with regard to product and price competition are in line with our expectations.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
