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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP5555 |
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 |
URL | https://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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