Licandro, Omar; Ruiz, Antonio Navas - Barcelona Graduate School of Economics (Barcelona GSE) - 2010
increase in competition. This paper develops a two-country endogenous growth model, with form speciffic R&D and a continuum of … oligopolistic sectors under Cournot competition to providea theoretical support to this claim. Since countries are assumed to …. Under Cournot competition, trade is pro-competitive. Since forms undertake cost reducing innovations, the increase in …