G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2719
DP2719 Working in Public and Private Firms
Rafael Rob; Giacomo Corneo
发表日期2001-03-27
出版年2001
语种英语
摘要The theory of strategic trade policy yields ambiguous recommendations for assistance to exporting firms in oligopolistic industries. Some writers have, however, suggested that investment subsidies are a more robust recommendation than export subsidies. We show that, though ambiguous in principle, the case for investment subsidies is reasonably robust in practice. Except when functional forms exhibit arbitrary non-linearities, it holds under both Cournot and Bertrand competition, with either cost-reducing or market-expanding investment, and with or without spillovers. Only if firms have strong asymmetries in their investment behaviour and engage in Bertrand competition is an investment tax clearly justified.
主题International Trade and Regional Economics
关键词Cost-reducing investment Export subsidies Market-expanding investment R&d subsidies Strategic industrial policy Strategic trade policy
URLhttps://cepr.org/publications/dp2719
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/531775
推荐引用方式
GB/T 7714
Rafael Rob,Giacomo Corneo. DP2719 Working in Public and Private Firms. 2001.
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