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ArtikelThe Impact of Quotas and Tariffs on Strategic R&D Behavior  
Oleh: Reitzes, James D.
Jenis: Article from Bulletin/Magazine
Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 32 no. 4 (1991), page 985-1008.
Topik: BEHAVIOUR; quotas; tariff; R & D behaviour
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: II49.1
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelQuotas and tariffs are compared in a two - stage Cournot duopoly game, where R & D is chosen initially and output is selected subsequently. Imposing a quota at or below the free - trade import level results in either a pure - strategy or a mixed - strategy equilibrium. Compared to an equally restrictive tariff, a quota leads to higher domestic profits, but lower domestic output and R & D (in a pure - strategy equilibrium). Furthermore, a quota and a tariff may often produce opposite effects on domestic R & D. A quota set above the free - trade import level may become binding, and may lead to multiple equilibria.
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