Output and R&D subsidies in a mixed oligopoly

Sang-Ho Lee and Yoshihiro Tomaru ()

MPRA Paper from University Library of Munich, Germany

Abstract: We analyze an oligopoly where public and private firms compete in quantity and R&D. Using general functions, we show that an output subsidy and an R&D tax can achieve the first-best allocation. Moreover, the degree of privatization does not influence the optimal output subsidy but does influence the optimal R&D tax.

Keywords: R&D subsidy; Output subsidy; Mixed oligopoly; Partial privatization (search for similar items in EconPapers)
JEL-codes: H2 L3 (search for similar items in EconPapers)
Date: 2017-03-01
New Economics Papers: this item is included in nep-com, nep-gth, nep-ino and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (26)

Published in Operations Research Letters 45 (2017): pp. 238-241

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/84410/9/MPRA_paper_84410.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:84410

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().