Revenue-constrained strategic trade and industrial policy

Leahy, Dermot (2004) Revenue-constrained strategic trade and industrial policy. Economics Letters, 82 (3). pp. 409-414. ISSN 0165-1765

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We characterise optimal revenue-constrained trade and industrial policy towards dynamic oligopolies, prove that total net subsidy payments at the optimum are decreasing in the social cost of funds, and illustrate the implications in Cournot and Bertrand special cases.

Item Type: Article
Keywords: Export subsidies; R&D subsidies; Social cost of funds; Strategic trade policy;
Academic Unit: Faculty of Social Sciences > Economics, Finance and Accounting
Item ID: 8466
Identification Number: 10.1016/j.econlet.2003.09.019
Depositing User: Dermot Leahy
Date Deposited: 18 Jul 2017 11:24
Journal or Publication Title: Economics Letters
Publisher: Elsevier
Refereed: Yes

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