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Previous research on optimal R&D subsidies has focussed on the long run. This paper characterizes the optimal time path …
Persistent link: https://www.econbiz.de/10014192635
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for the socially optimal policy design with respect to R&D subsidies and entry incentives. …
Persistent link: https://www.econbiz.de/10011509334
, this calls for R&D subsidies. This paper develops a quality-ladder growth model with overlapping generations which … evaluates the positive and normative implications of R&D subsidies and compares them with the effects of public education policy … shows somewhat surprisingly that R&D subsidies may be detrimental to both productivity growth and welfare, in contrast to …
Persistent link: https://www.econbiz.de/10011449704
, this calls for R&D subsidies. This paper develops a quality-ladder growth model with overlapping generations which … evaluates the positive and normative implications of R&D subsidies and compares them with the effects of public education policy … shows somewhat surprisingly that R&D subsidies may be detrimental to both productivity growth and welfare, in contrast to …
Persistent link: https://www.econbiz.de/10010261221
Persistent link: https://www.econbiz.de/10000678267
Persistent link: https://www.econbiz.de/10001389197
of heterogeneous individuals for both the distributional incidence of proportional factor income taxes and the voting …
Persistent link: https://www.econbiz.de/10011409989
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Persistent link: https://www.econbiz.de/10011586234