Kujal, Praveen (contributor); … - 2003
export
subsidy or a tax. After observing export policy, firms invest in cost reducing R&D and
subsequently compete in the … cost saving technology before market competition. Governments first impose an export subsidy or a
tax. After observing … approach Brander and Spencer (1985) show that the optimal trade policy is an export
subsidy under Cournot competition. Eaton …