Trade Policy and Incentives for Cost Reduction in a Differentiated Industry: Price Vs. Quantity Competition
| Autor: | Cabral, Célia Costa, Kujal, Praveen |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 1998 |
| Předmět: | |
| Popis: | The incentives for governments to impose subsidies and tariffs on R&D and output is analysed in a differentiated good industry where firms invest in a cost saving technology. When government commitment is credible, subsidies to R&D and output are positive both under Bertrand and Cournot competition. However, if the government cannot commit to a policy action, it chooses a tariff under Bertrand competition and a subsidy under Cournot competition. N/A |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|