R&D versus output subsidies in mixed markets

被引：40
|
作者：
Kesavayuth, Dusanee [1 ]
Zikos, Vasileios [1 ,2 ]
机构：
[1] Univ Thai Chamber Commerce, Res Inst Policy Evaluat & Design, Bangkok 10400, Thailand
[2] Univ Surrey, Sch Econ, Guildford GU2 7XH, Surrey, England
来源：
ECONOMICS LETTERS | 2013年 / 118卷 / 02期
关键词：
R&D subsidies; Output subsidies; Mixed duopoly; Spillovers; DEVELOPMENT COMPETITION; PRIVATIZATION; OLIGOPOLY; DUOPOLY;
D O I：
10.1016/j.econlet.2012.11.017
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We analyse the relative welfare effects of an R&D and an output subsidy in a mixed duopoly. We show that an R&D subsidy is beneficial for society as a whole, and socially superior to an output subsidy, when spillovers are sufficiently high. Otherwise, an output subsidy is socially superior. (C) 2012 Elsevier B.V. All rights reserved.
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页码：293 / 296
页数：4
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