G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6002
DP6002 Subjective Welfare, Isolation and Relative Consumption
Marcel Fafchamps; Forhad Shilpi
发表日期2006-12-10
出版年2006
语种英语
摘要Two central results in the strategic trade literature are that governments shall support winners and that there is a policy prisoner dilemma in international subsidy wars (i.e. countries have incentives to support local firms but they would be better off by cooperating to not intervene). We show that exactly the contrary holds when asymmetries between firms are endogenous. Specifically, the incentives to support are bigger for loser firms given that intervention can aim at making them winners (competitiveness shifting effects). As a result the countries that host less competitive firms always prefer intervention. We illustrate this with the Airbus-Boeing case.
主题International Trade and Regional Economics
关键词R&d investment Airbus Boeing R&d subsidies Asymmetric firms
URLhttps://cepr.org/publications/dp6002
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/534835
推荐引用方式
GB/T 7714
Marcel Fafchamps,Forhad Shilpi. DP6002 Subjective Welfare, Isolation and Relative Consumption. 2006.
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