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R&D policy and privatization in a mixed oligopoly

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posted on 03.02.2009 by Maria Jose Gil-Molto, Joanna Poyago-Theotoky, Vasileios Zikos
We introduce R&D activity and R&D subsidies in the context of a mixed oligopoly and evaluate the effects of privatization on welfare. We show that when R&D subsidies are employed, privatization is welfare and R&D promoting provided that the number of competitors is sufficiently large.

History

School

  • Business and Economics

Department

  • Economics

Publisher

© Loughborough University

Version

VoR (Version of Record)

Publication date

2006

Notes

This is a working paper. It is also available at: http://ideas.repec.org/p/lbo/lbowps/2006_25.html

ISSN

1750-4171

Book series

Loughborough University. Department of Economics. Discussion Paper Series;WP 2006 - 22

Language

en

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