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      <record key="001" att1="001" value="LIB909733107" att2="LIB909733107">001   LIB909733107</record>
      <field key="037" subkey="x">englisch</field>
      <field key="050" subkey="x">Forschungsbericht</field>
      <field key="076" subkey="">Ökonomie</field>
      <field key="079" subkey="y">http://www.ihs.ac.at/publications/eco/es-32.pdf</field>
      <field key="079" subkey="z">Zweimüller, Josef - et al., Heterogeneous Consumers, Vertical Product Differentiation and the Rate of Innovation (pdf)</field>
      <field key="079" subkey="y">http://ideas.repec.org/p/ihs/ihsesp/32.html</field>
      <field key="079" subkey="z">Institute for Advanced Studies. Economics Series; 32 (RePEc)</field>
      <field key="100" subkey="">Zweimüller, Josef</field>
      <field key="103" subkey="">Department of Economics, Institute for Advanced Studies, Vienna</field>
      <field key="104" subkey="a">Brunner, Johann K.</field>
      <field key="107" subkey="">Department of Economics, University of Linz</field>
      <field key="331" subkey="">Heterogeneous Consumers, Vertical Product Differentiation and the Rate of Innovation</field>
      <field key="403" subkey="">1. Ed.</field>
      <field key="410" subkey="">Wien</field>
      <field key="412" subkey="">Institut für Höhere Studien</field>
      <field key="425" subkey="">1996, June</field>
      <field key="433" subkey="">19 pp.</field>
      <field key="451" subkey="">Institut für Höhere Studien; Reihe Ökonomie; 32</field>
      <field key="451" subkey="h">Kunst, Robert M. (Ed.) ; Helmenstein, Christian (Ed.) ; Riedl, Arno (Ed.)</field>
      <field key="461" subkey="">Economics Series</field>
      <field key="544" subkey="">IHSES 32</field>
      <field key="700" subkey="">O31</field>
      <field key="700" subkey="">L15</field>
      <field key="700" subkey="">L16</field>
      <field key="700" subkey="">D43</field>
      <field key="700" subkey="">H23</field>
      <field key="720" subkey="">Inequality</field>
      <field key="720" subkey="">Income Distribution</field>
      <field key="720" subkey="">Heterogeneity</field>
      <field key="720" subkey="">Innovation</field>
      <field key="720" subkey="">Endogeneous Growth</field>
      <field key="720" subkey="">Product Quality</field>
      <field key="720" subkey="">Vertical Product Differentiation</field>
      <field key="753" subkey="">Abstract: This paper studies the impact of income inequality on the level of innovative activities in a model where innovations</field>
      <field key="res" subkey="u">lt in quality improvements. The market for quality goods is characterized by a natural oligopoly with three types of</field>
      <field key="con" subkey="s">umers - rich, middle class and poor. In general, we find that for reasons of strategic price setting a more equal</field>
      <field key="dis" subkey="t">ribution of income is favourable for innovation incentives. This is consistent with empirical evidence suggesting that</field>
      <field key="cou" subkey="n">trieswith a more equal distribution of income have grown faster.;</field>
    </SEQUENTIAL>
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