Beat 'Em or Join 'Em? Export Subsidies versus International Research Joint Ventures in Oligopolistic Markets.
We compare adversarial with cooperative industrial and trade policies in a dynamic oligopoly game in which a home and foreign firm compete in R&D; and output and, because of spillovers, each firm benefits from the other's R&D.; When the government can commit to an export subsidy...
Main Authors: | Neary, J, Sullivan, P |
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Format: | Journal article |
Language: | English |
Published: |
Blackwell Publishing
1999
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