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How should governments best allocate their budget to support private research activities? The consensus in the literature is that sector-specific R&D support policies should be increasing in the degree of compatibility of sectoral innovation with the practices of the wider economy. Using a...
Persistent link: https://www.econbiz.de/10011753331
Die europäische Kommission ist primärer Träger der Industriepolitik in der europäischen Union. Industriepolitische … Industriepolitik besser von einem zentralen Träger durchgeführt wird, der Spillovers internalisiert, oder von den regionalen … Industriepolitik regional oder durch eine zentrale Instanz durchgeführt werden soll. Interessanterweise schneidet bei Verhandlungen mit …
Persistent link: https://www.econbiz.de/10010300407
We investigate how port privatization affects port charges, firm profits, and welfare. Our model consists of an international duopoly with two ports and two markets. When the unit transport cost is large, privatization of ports decreases the prices for port usage, although neither government has...
Persistent link: https://www.econbiz.de/10010332370
This paper investigates the domestic government's antidumping duty choice in an asymmetric information framework where the foreign firm's cost is observed by the domestic firm, but not by the government. To induce truthful revelation, the government can design a tariff schedule, contingent on...
Persistent link: https://www.econbiz.de/10010264549
Entrepreneurs who decide to enter an industry are faced with different levels of effective entry costs in different countries. These costs are heavily influenced by economic policy. What is not well understood is how international trade affects the government incentive to impact on entry costs,...
Persistent link: https://www.econbiz.de/10010271259
I study climate policy choices for a 'policy bloc' of fuel-importers, when a 'fringe' of other fuel importers have no climate policy, fuel exporters consume no fossil fuels, and importers produce no such fuels. The policy bloc and exporter blocs act strategically in fossil fuel markets. When the...
Persistent link: https://www.econbiz.de/10010274975
We study a policy game between exporting and importing countries in vertically linked industries. In a successive international Cournot oligopoly, we analyse incentives for using tax instruments strategically to shift rents vertically, between exporting and importing countries, and horizontally,...
Persistent link: https://www.econbiz.de/10010261165
We examine effects of government-imposed employment targets on firm behavior. Theoretically, such policies create "polarization," causing low-productivity firms to exit the market while others temporarily distort their employment upward. Dynamically, firms are incentivized to improve...
Persistent link: https://www.econbiz.de/10015052308
Persistent link: https://www.econbiz.de/10010332864
industrial policy in support of high-tech industries. The paper reviews arguments based on endogenous growth theory and strategic … trade theory and surveys the most relevant pieces of empirical evidence, notably on external learning effects and …
Persistent link: https://www.econbiz.de/10010275383