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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4172 |
DP4172 Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market | |
Rudolf Winter-Ebmer; Uwe Dulleck; Paul Frijters | |
发表日期 | 2004-01-23 |
出版年 | 2004 |
语种 | 英语 |
摘要 | Should R&D policies within an economic union be centralized or decentralized to each individual country? Do non-cooperative policies - typically implying policy competition between countries - always give rise to too high R&D subsidies in a decentralized policy regime? Should small countries subsidize R&D more than larger countries? To address such questions, we construct a simple model with horizontally differentiated consumer goods, where each firm may invest in quality-improving R&D. Assuming that the goods are produced in different countries within an economic union, we compare non-cooperative and cooperative R&D policies. We show that non-cooperative policies imply too small R&D subsidies for horizontally differentiated goods and too high subsidies for goods that are close substitutes. Furthermore, small, net exporting countries of R&D intensive goods have fewer incentives to subsidize R&D than large countries, resulting in an unwarranted vertical product differentiation between goods produced in different countries. Coordination of R&D policies at the union level helps overcome some of these problems. If only a subset of countries cooperate, however, union welfare may be lower than if there is no R&D cooperation at all. |
主题 | International Trade and Regional Economics |
关键词 | R&d Policy game Economic union |
URL | https://cepr.org/publications/dp4172 |
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/533143 |
推荐引用方式 GB/T 7714 | Rudolf Winter-Ebmer,Uwe Dulleck,Paul Frijters. DP4172 Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market. 2004. |
条目包含的文件 | 条目无相关文件。 |
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