State aid to investment and R&D /
The prohibition of state aid to investment and R&D in an integrated market such as the European Community is analysed in a Cournot oligopoly model where firms undertake investment or R&D to reduce their costs. Both strategic and non-strategic investment and R&D are considered. Government...
Κύριος συγγραφέας: | Collie, David R. |
---|---|
Corporate συγγραφέας: | European Commission : Directorate-General for Economic and Financial Affairs. |
Μορφή: | Βιβλίο |
Γλώσσα: | Greek English |
Στοιχεία έκδοσης: |
Brussels- Belgium:
European Comission: Directorate-General for Economic and Financial Affairs,
2005.
|
Σειρά: |
European Economy. Economic papers ;
231. |
Διαθέσιμο Online: |
http://ec.europa.eu/economy_finance/publications/publication_summary622_en.htm |
Ετικέτες: |
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099 | |a ΚΕΤ Αλφαβητική σειρά | ||
100 | 1 | |a Collie, David R. | |
245 | 1 | 0 | |a State aid to investment and R&D / |c Collie David R. |
260 | 0 | |a Brussels- Belgium: |b European Comission: Directorate-General for Economic and Financial Affairs, |c 2005. | |
300 | |a 14 σ.: |b πιν. |c 30 εκ. | ||
490 | 1 | |a European Economy. Economic papers ; | |
520 | 0 | |a The prohibition of state aid to investment and R&D in an integrated market such as the European Community is analysed in a Cournot oligopoly model where firms undertake investment or R&D to reduce their costs. Both strategic and non-strategic investment and R&D are considered. Governments in the Member States give subsidies for investment and R&D, which are financed by distortionary taxation so the opportunity cost of government revenue exceeds unity. • Prohibiting state aid to investment will always increase aggregate welfare. • Prohibiting state aid to R&D will always increase aggregate welfare if spillovers from R&D are small. • If spillovers from R&D are moderate then there exists a range of values for opportunity cost where governments give state aid and where the prohibition of state aid will increase aggregate welfare. • Prohibiting state aid to R&D will reduce aggregate welfare if spillovers from R&D are large. | |
580 | |a Economic Papers | ||
710 | 2 | |a European Commission : Directorate-General for Economic and Financial Affairs. | |
773 | 0 | 8 | |a Economic Papers |g July 2005, No 231. |
830 | |a European Economy. Economic papers ; |v 231. | ||
852 | |a INST |b UNIPILB |c KET |e 20090311 |p EEEP 231 |q EEEP 231 |t NOLOAN |y 23 |4 1 | ||
856 | 4 | 1 | |u http://ec.europa.eu/economy_finance/publications/publication_summary622_en.htm |