Beat 'Em or Join 'Em: Export Subsidies versus International Research Joint Ventures in Oligopolistic Markets.

This paper compares 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 expor...

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Bibliographic Details
Main Authors: Neary, J, Sullivan, P
Format: Working paper
Language:English
Published: Centre for Economic Performance, LSE 1998