The effects of entry on incumbent innovation and productivity

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that there is heterogeneity across industries--incumbents in technologically advanced industries react positively to foreign firm entry, but not in laggard industries. To explain this pattern, we introduce entry into a Schumpeterian growth model with multiple sectors which differ by their distance to the technological frontier. We show that technologically advanced entry threat spurs innovation incentives in sectors close to the technological frontier--successful innovation allows incumbents to prevent entry. In laggard sectors it discourages innovation--increased entry threat reduces incumbents' expected rents from innovating. We find that the empirical patterns hold using rich micro-level productivity growth and patent panel data for the UK, and controlling for the endogeneity of entry by exploiting the large number of policy reforms undertaken during the Thatcher era

Entry and productivity growth: evidence from microlevel panel data

How does entry affect productivity growth of incumbents? In this paper we exploit policy reforms in the United Kingdom that changed entry conditions by opening up the U.K. economy during the 1980s and panel data on British establishments to shed light on this question. We show that more entry, measured by a higher share of industry employment in foreign firms, has led to faster total factor productivity growth of domestic incumbent firms and thus to faster aggregate productivity growth

MODELING EXTENSIVE LIVESTOCK PRODUCTION SYSTEMS: AN APPLICATION TO SHEEP PRODUCTION IN KAZAKHSTAN

A stochastic dynamic programming model for extensive livestock systems is developed. The model optimizes sales/retention decisions when future forage production, which affects animal performance and hence profitability, is uncertain. The model is applied to sheep production in Kazakhstan to evaluate policy alternatives.Livestock Production/Industries,

A call for high quality early childhood education in the early years of school in Western Australia

This paper has been written in response to the growing concerns from educators of children in the early years of school (kindergarten to year 2) and university teacher educators who are experiencing first-hand a rapid increase in the formalisation of the early years of schooling in many classrooms in Western Australia (The West Australian, 2013). Concerns for the general and long term health and wellbeing of young children have surfaced in the early childhood profession as we witness increased pressure placed on improving school achievement in national literacy and numeracy tests (King & Janson, 2009; Wescombe-Down, 2013)

A call for a WA Play Strategy in Early Childhood Education and Care

In 2013, ECA WA members were invited to contribute to the development of a strategic plan that would set priorities, focus energy and resources, and work toward the core function of Early Childhood Australia: to advocate for the rights and well-being of children in early childhood education and care (ECEC). Members identified the diminishing opportunities for children (aged birth to eight years) to access quality play in these environments as a major concern necessitating it as a key priority in future planning. The vision that child-initiated and self-directed play be reinstated as a fundamental right in early education and care settings, including the early years of schooling, was similarly shared by members of other leading early childhood advocacy organisations in WA (OMEP, ECTA, EYES and the SSTUWA). Moreover, the demise of play in ECEC was considered by key stakeholder representatives (of Playgroup WA, CareWest, Family Day Care WA, Meerilinga, and Childcare Association of WA) at the ECA WA AGM (2014) during a Panel Discussion on Play. Shortly thereafter, ECA WA pledged its commitment to developing a play strategy initiative

Retrospective Database Analysis Evaluating the Clinical Outcomes of Changing Treatment of People with Type 2 Diabetes Mellitus (T2DM) from Other DPP-4 Inhibitor Therapy to Alogliptin in a Primary Care Setting

This is the final version. Available on open access from Springer via the DOI in this recordIntroduction: Although some differences between individual dipeptidyl peptidase-4 (DPP-4) inhibitors may exist, the National Institute for Health and Clinical Excellence (NICE) have recommended that ‘prescribers should be encouraged to select the individual DPP-4 inhibitor with the lowest acquisition cost available to them, where all other factors are equal’. We aimed to determine whether or not ‘within class’ switching to alogliptin, the DPP-4 inhibitor with lowest acquisition cost, is a clinically appropriate strategy. Methods: This study evaluated people with type 2 diabetes taking DPP-4 inhibitor therapy in addition to at least one other diabetes therapy. Primary care records were reviewed from six clinical commissioning groups (CCGs). For people who had been switched from other DPP-4 inhibitors to alogliptin, an assessment of the impact of switch on both absolute haemoglobin A1c (HbA1c) levels and on HbA1c trajectory was undertaken. Persistence on alogliptin and the need for therapy intensification was also assessed. Results: Overall, 865 people with diabetes met the eligibility criteria for the study. There was no significant difference between pre- and post-switch mean HbA1c level [8.44% (SD 1.52%) vs 8.42% (1.62%), p = 0.6]. Similarly, for patients where there was sufficient data to assess the impact of switching on HbA1c trajectory (n = 319) minimal impact was identified (actual HbA1c at 3 months 8.33% vs projected 8.31%). The majority of people with diabetes (80.76%) remained on alogliptin treatment at 6 months and only 4.54% required additional diabetes therapies. Switching to alogliptin resulted in a median saving of £7.24 per patient-month. Conclusion: Switching United Kingdom (UK) primary care patients from other DPP-4 inhibitors to alogliptin did not result in a statistically significant or clinically meaningful change in HbA1c level and few required the addition of further diabetes therapies, suggesting that therapy change or intensification was not considered necessary in most patients who were switched to alogliptin. Trial Registration: ENCePP clinical trial registration number EUPAS29153. Funding: Takeda UK Ltd.National Institute for Health Research (NIHR

Acute rotator cuff tendinopathy: does ice, low load isometric exercise, or a combination of the two produce an analgaesic effect?

This document is the Accepted Manuscript version of the following article: Parle PJ, Riddiford-Harland DL, Howitt CD, et al. 'Acute rotator cuff tendinopathy: does ice, low load isometric exercise, or a combination of the two produce an analgaesic effect?.' Br J Sports Med 2017;51:208-209, doi: http://dx.doi.org/10.1136/bjsports-2016-096107.Rotator cuff tendinopathies are the most commonly diagnosed musculoskeletal shoulder conditions and are associated with pain, weakness and loss of function.1 Tendon swelling may be associated with tendinopathy and may result from acute overload.2–3 An increase in tendon cells (tenocytes) and upregulation of large molecular weight proteoglycans, such as aggrecan, may increase tendon water content.2 There is uncertainty as to whether the swelling is related to the pain or is instead an observed but unrelated phenomenon. Weakness detected clinically may be due to pain inhibition.4–5 Early treatment of acute rotator cuff tendinopathy involves patient education and relative rest, and may include non-steroidal anti-inflammatory drugs (NSAIDs) to reduce pain, swelling and inflammation. Subacromial corticosteroid injections are also used to achieve the same purpose. These techniques show low to moderate evidence of reducing short-term pain but they do not improve function.6 The medications have side effects such as gastrointestinal tract complaints,7 and corticosteroids may damage tendon tissue.8 Identifying alternative ways to control pain and inflammation may be warranted. Two clinical procedures to manage RC tendinopathy include ice wraps and isometric exercise, however, there are no empirical data supporting their use. This pilot study, conducted at the Illawarra Sports Medicine Clinic, NSW, Australia, was designed to test (1) the short term analgaesic effect of these interventions and (2) the feasibility of a larger clinical trial for adults diagnosed with acute rotator cuff tendinopathy (<12 weeks).Peer reviewe

Effects of the Structure of Water Rights on Agricultural Production During Drought: A Spatiotemporal Analysis of California\u27s Central Valley

California’s Central Valley region has been called the “bread-basket” of the United States. The region is home to one of the most productive agricultural systems on the planet. Such high levels of agricultural productivity require large amounts of fresh water for irrigation. However, the long-term availability of water required to sustain high levels of agricultural production is being called into question following the latest drought in California. In this paper, we use Bayesian multilevel spatiotemporal modeling techniques to examine the influence of the structure of surface water rights in the Central Valley on agricultural production during the recent drought. California is an important place to study these dynamics as it is the only state to recognize the two dominant approaches to surface water management in the United States: riparian and appropriative rights. In this study, Bayesian spatiotemporal modeling is employed to account for spatial processes that have the potential to influence the effects of water right structures on agricultural production. Results suggest that, after accounting for spatiotemporal dependencies in the data, seniority in surface water access significantly improves crop health and productivity on cultivated lands, but does not independently affect the ability to maintain cultivated extent. In addition, agricultural productivity in watersheds with more junior surface water rights show less sensitivity to cumulative drought exposure than other watersheds, however the extent of cultivation in these same watersheds is relatively more sensitive to cumulative drought exposure