G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5555
DP5555 Competing Approaches to Forecasting Elections: Economic Models, Opinion Polling and Prediction Markets
Justin Wolfers
发表日期2006-03-17
出版年2006
语种英语
摘要In an oligopoly trade model where firms engage in R&D, international differences in market size allow for the emergence of endogenous asymmetries between firms. Concretely, firms located in countries with more demand become more competitive because they have strong incentives to perform R&D ('home market' and 'competitiveness effects' in R&D). As a consequence, these firms have better access to export markets and the countries where they are hosted often also tend to run trade surplus in the oligopolist sector. This shows that cross-border differences at the level of R&D intensity can be a basis for international specialization.
主题International Trade and Regional Economics
关键词International trade Oligopoly R&d investment Spatial demand markets Competitiveness effects Asymmetric firms
URLhttps://cepr.org/publications/dp5555
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/534399
推荐引用方式
GB/T 7714
Justin Wolfers. DP5555 Competing Approaches to Forecasting Elections: Economic Models, Opinion Polling and Prediction Markets. 2006.
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