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|Title:||R& versus output subsidies in mixed markets||Authors:||Kesavayuth, Dusanee
|Keywords:||Mixed duopoly;Output subsidies;R& subsidies;Spillovers||Issue Date:||2013||Publisher:||University of the Thai Chamber of Commerce||Source:||Dusanee Kesavayuth, Vasileios Zikos (2013) R& versus output subsidies in mixed markets. Economics Letters Vol.118 No.2, 293-296.||Abstract:||We analyse the relative welfare effects of an R& and an output subsidy in a mixed duopoly. We show that an R& subsidy is beneficial for society as a whole, and socially superior to an output subsidy, when spillovers are sufficiently high. Otherwise, an output subsidy is socially superior.||URI:||https://scholar.utcc.ac.th/handle/6626976254/3488||Rights:||This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.|
|Appears in Collections:||RSO: Journal Articles|
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