R&D policy and privatization in a mixed oligopoly
María José Gil-Moltó (),
Joanna Poyago-Theotoky and
Vasileios Zikos ()
Additional contact information
María José Gil-Moltó: Dept of Economics, Loughborough University
Authors registered in the RePEc Author Service: Maria Jose Gil Molto ()
Discussion Paper Series from Department of Economics, Loughborough University
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.
Keywords: mixed oligopoly; process innovation; R&D subsidy; privatization. (search for similar items in EconPapers)
JEL-codes: L13 L31 L32 L50 O38 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cwa, nep-ifn and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:lbo:lbowps:2006_25
Access Statistics for this paper
More papers in Discussion Paper Series from Department of Economics, Loughborough University Contact information at EDIRC.
Bibliographic data for series maintained by Huw Edwards ().