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...
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| Format: | Journal article |
| Language: | English |
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Blackwell Publishing
1999
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