Duso, Tomaso; Röller, Lars-Hendrik; Seldeslachts, Jo - In: The Review of Economics and Statistics 96 (2014) 2, pp. 349-370
This paper tests whether upstream R&D cooperation leads to downstream collusion. We show that a sufficient condition for identifying collusive behavior is a decline in the market share of firms participating in research joint ventures (RJVs). Using information from the U.S. National Cooperation...