On Effects of Market Integration on Technology Choice

Ryoichi Nomura ()
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Ryoichi Nomura: Ritsumeikan University, Postal: Ritsumeikan University,

Journal of Economic Integration, 2006, vol. 21, 447-457

Abstract:

In this paper, we investigate how market integration affects firms’ technology choices. Although market integration encourages cost-reducing research and development (R&D) investments in many cases, it may discourage it in two cases: (1) when market sizes are quite different and the effects of R&D are not so high, market integration may discourage R&D in a large country; and (2) if the firm in a large country only invests in the segmented market, market integration may discourage R&D in a large country, while encouraging it in a small country. These results correspond to data about R&D intensities in European Union countries.

Keywords: Market Integration; Technology Choice; Cournot Competition (search for similar items in EconPapers)
JEL-codes: F02 F15 L13 O31 (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ris:integr:0364

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