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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP2719 |
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 |
URL | https://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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