Product R and D Investment Policies in an International Duopoly

Yumiko Taba, Yasunori Ishii

    研究成果: Article

    4 引用 (Scopus)

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    This study analyzes the optimal product R&D investment policies of a developed and a developing country in an international Cournot duopoly where firms from these two countries compete through endogenous quality-quantity decisions. We explore a new international trade model by using demand functions derived from utility functions. We find that the optimal product R&D investment policies for both countries are subsidies. This study counters a finding that used Hotelling-type demand functions and it partially modifies another result that adopted the same demand functions but with an international Bertrand duopoly.

    元の言語English
    ページ(範囲)574-582
    ページ数9
    ジャーナルReview of Development Economics
    20
    発行部数2
    DOI
    出版物ステータスPublished - 2016 5 1

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    ASJC Scopus subject areas

    • Geography, Planning and Development
    • Development

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