Cost Asymmetries in International Subsidy Games: Should Governments Help Winners or Losers?
This paper examines the optimality of export subsidies in oligopolistic markets, when home and foreign firms have different costs and there is an opportunity cost to public funds. Subsidies are found to be optimal only for surprisingly low values of the shadow price of government funds, and if subsi...
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| Formaat: | Working paper |
| Taal: | English |
| Gepubliceerd in: |
CEPR
1991
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Cost asymmetries in international subsidy games: should governments help winners or losers?
Gepubliceerd in 1994
Journal article
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Cost asymmetries in international subsidy games: should governments help winners or losers?
Gepubliceerd in 1994
Journal article