R & D Subsidies , Spillovers and Privatization in Mixed Markets

  title={R & D Subsidies , Spillovers and Privatization in Mixed Markets},
  author={Maria Jos{\'e} Gil Molt{\'o}},
  • Maria José Gil Moltó
  • Published 2010
We examine the use of subsidies to R&D in a mixed and a private duopoly market. We show that the socially optimal R&D subsidy is increasing in the degree of spillovers but it is lower in the private duopoly. The optimal R&D subsidy leads to an increase in total R&D and production, however, it does not lead to the equalisation of per …rm output and therefore to an e¢ cient distribution of production costs. We also …nd that privatization of the public …rm reduces R&D activity and welfare in the… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.


Publications referenced by this paper.
Showing 1-10 of 29 references

Partial Privatization in a Mixed Duopoly with an R&D Rivalry

J. S. Heywood, G. Ye
Bulletin of Economic Research, • 2009
View 6 Excerpts
Highly Influenced

Innovations in fuel cells and related hydrogen technology in Norway –OECD Case Study in the Energy Sector

H. Godø, L. Nerdrum, A. Rapmund, S. Nygaard
NIFU skriftserie no • 2003
View 5 Excerpts
Highly Influenced

“Mixed oligopoly, privatization and subsidization,”

M. D. White
Economics Letters, • 1996
View 8 Excerpts
Highly Influenced

“The E¤ects of Privatization on R&D Investments and Productivity. An Empirical Analysis of European Firms,”FEEM

F. Munari, M. Sobrero
Working Paper No. 64.2002 • 2005
View 3 Excerpts
Highly Influenced

“Mixed oligopoly, subsidization and the order of …rms’moves: the relevance of privatization,”Economics

K. Fjell, J. Heywood
View 4 Excerpts
Highly Influenced

“Knowledge as a Barrier to Learning: A Case Study from Medical R&D,” paper presented at the 4th European Conference on Organisational Knowledge, Learning and Capabilities

M. Aanestad, E. B. Mork, M. Grisot, O. Hanseth, M. C. Syvertsen
View 3 Excerpts
Highly Influenced

Impact of Privatisation on R&D Activities: The Case of Turkish Telecommunications Industry", Munich Personal RePec Archieve

H. Ansal, A. Soyak
Paper No. 29044, • 1999
View 3 Excerpts
Highly Influenced

“Alternative Strategies of a Public Firm in Oligopoly”

G. De Fraja, F. Delbono
Oxford Economic Papers, • 1989
View 4 Excerpts
Highly Influenced

Growth in Health Care Costs

P. Orszag
CBO Testimony before the Committee on the Budget United States Senate on January • 2008
View 1 Excerpt

A Reappraisal of the Irrelevance Result in Mixed Duopoly: A Note on R&D Competition

V. Zikos
Economics Bulletin, • 2007
View 2 Excerpts

Similar Papers

Loading similar papers…