Journal article
Cost asymmetries in international subsidy games: should governments help winners or losers?
- Abstract:
-
I consider the optimality of export subsidies in oligopolistic markets, when home and foreign firms have different costs and the social cost of public funds exceeds unity. Subsidies are optimal only for surprisingly low values of the social cost of public funds and, if subsidies are justified, they should be higher the more cost competitive are domestic firms. These results hold under both Cournot and Bertrand competition and in a two-period perfect equilibrium with learning by doing. The res...
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- Publication status:
- Published
- Peer review status:
- Peer reviewed
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Authors
Bibliographic Details
- Publisher:
- Elsevier Publisher's website
- Journal:
- Journal of International Economics Journal website
- Volume:
- 37
- Issue:
- 3/4
- Pages:
- 197-218
- Publication date:
- 1994-11-01
- DOI:
- ISSN:
-
0022-1996
Item Description
- Language:
- English
- Keywords:
- Subjects:
- UUID:
-
uuid:5e5c7751-b19d-4d69-89fe-56c760b34370
- Local pid:
- ora:2151
- Deposit date:
- 2008-07-04
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Terms of use
- Copyright holder:
- Elsevier Science BV
- Copyright date:
- 1994
- Notes:
- Professor Neary was affiliated to the Department of Economics, University College Dublin when this article was first published. The full-text of this article is not available in ORA at this time. Citation: Neary, J. P. (1994). 'Cost asymmetries in international subsidy games: Should governments help winners or losers?', Journal of International Economics, 37(3-4), 197-218. [Available at http://www.sciencedirect.com/science/journal/00221996].
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