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International R&D Rivalry and Industrial Strategy
Spencer, Barbara J. - 1983
This paper presents a theory of government intervention which provides an explanation for "industrial strategy … incentive to try to capture a greater share of rent-earning industries using subsidies, but the subsidy-ridden international …
Persistent link: https://www.econbiz.de/10012477907
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Patent Rights, Product Market Reforms, and Innovation
Aghion, Philippe - 2013
Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this paper, we address this question by investigating how innovation responses to a substantial policy initiative increasing product market competition interact with the strength of...
Persistent link: https://www.econbiz.de/10012459807
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The Politics of 1992 : Fiscal Policy and European Integration
Persson, Torsten - 1990
The internal market in Europe will greatly increase the international mobility of resources. How will this affect fiscal policy in different countries? The first part of the paper considers taxation of capital in a two country model, where a democratically chosen government in each country...
Persistent link: https://www.econbiz.de/10012475567
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Spaghetti Regionalism or Strategic Foreign Trade : Some Evidence for Mexico
Ibarra-Yunez, Alejandro - 2003
After signing ten free trade agreements between 1993 and 2001, Mexico as a world leader in foreign trade policy continues to negotiate with countries such as Japan, Panama, Uruguay or Argentina. Criticism of multiple regional trade agreements (RTAs) arises from a consistency test, but also from...
Persistent link: https://www.econbiz.de/10012469006
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Do Labor Rents Justify Strategic Trade and Industrial Policy?
Dickens, William T. - 1995
Several efficiency wage theories of wage determination have the property that identical workers are more productive in high wage industries and that the promotion of employment in high wage industries can increase GDP (and some measures of welfare). I argue that while policies to favor high wage...
Persistent link: https://www.econbiz.de/10012473749
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Large Countries, Small Countries, and the Enlargement of Trade Blocs
Casella, Alessandra - 1995
Are there systematic forces such that countries of different sizes participating in a free trade bloc gain differently from the entry of new members? If economies of scale imply that firms located in large countries enjoy lower costs, then the gains from enlarging the bloc will fall...
Persistent link: https://www.econbiz.de/10012473504
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A Domino Theory of Regionalism
Baldwin, Richard - 1993
Regional liberalization sweeps the globe like wildfire while multilateral trade talks proceed at a glacial pace. Why are countries eager to liberalize regionally but reluctant to do so multilaterally? The answer of the GATT-is-dead school is that multilateralism is too cumbersome for...
Persistent link: https://www.econbiz.de/10012474481
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The Effects of Capital Subsidization on Israeli Industry
Bregman, Arie - 1998
An industrial policy of subsidizing physical capital investment has been utilized in many countries in order to encourage export growth and spread economic development to outlying areas. For Israel, we possess a unique time series-cross section micro data set that details investment and its...
Persistent link: https://www.econbiz.de/10012472025
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Whither Flat Panel Displays?
Krishna, Kala - 1996
capacity acquisition than with R&D subsidies. This occurs because a firm's incentives to do R&D are diminished by a subsidy on …
Persistent link: https://www.econbiz.de/10012473449
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Micro- and Macroeconomic Impacts of a Place-Based Industrial Policy
Atalay, Enghin; Hortaçsu, Ali; Runyun, Mustafa; … - National Bureau of Economic Research - 2023
an increase in economic activity in industry-province pairs that were the focus of the subsidy program, and positive … equilibrium model, we then assess the program's impacts. Based on the calibrated model we find that, in the long run, the subsidy … the country. These modest longer-term effects are due to the ability of households to migrate in response to the subsidy …
Persistent link: https://www.econbiz.de/10014322681