Kujal, Praveen; Ruiz, Juan M. - In: Review of International Economics 17 (2009) 3, pp. 461-475
This paper highlights the importance of product differentiation and endogenous R&D in determining the optimal R&D policy, in a model where investment in cost-reducing R&D is committed before firms compete in a differentiated-goods third-country export market. R&D is always taxed in oligopolies...