Revenue-constrained strategic trade and industrial policy

We characterise optimal revenue-constrained trade and industrial policy towards dynamic oligopolies, prove that total net subsidy payments at the optimum are decreasing in the social cost of funds, and illustrate the implications in Cournot and Bertrand special cases.

Detalhes bibliográficos
Principais autores: Leahy, D, Neary, J
Formato: Journal article
Idioma:English
Publicado em: Elsevier 2004
Assuntos:

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