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首页> 外文期刊>Hitotsubashi Journal of Economics >PARTIAL PRIVATIZATION AND SUBSIDIZATION IN A MIXED DUOPOLY: R&D VERSUS OUTPUT SUBSIDIES
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PARTIAL PRIVATIZATION AND SUBSIDIZATION IN A MIXED DUOPOLY: R&D VERSUS OUTPUT SUBSIDIES

机译:混合双币种中的部分私有化和补贴:R&D VS输出产出​​补贴

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摘要

This study investigates R&D and output subsidies in a mixed duopoly with partial privatization. We show that an output subsidy is welfare -superior to an R&D subsidy policy, but the government has a higher incentive to privatize the public firm under the output subsidy than the R&D subsidy. We also show that when the government uses the policy mix of R&D and output subsidies together, it can achieve the first-best allocation, in which the degree of privatization does not influence output subsidies but influences R&D subsidies.
机译:本研究调查了部分私有化的混合双头垄断企业的研发和产出补贴。我们表明,产出补贴比研发补贴政策更有利于福利,但是政府对产出补贴下的公营企业私有化的动机要高于研发补贴。我们还表明,当政府将研发与产出补贴的政策组合在一起使用时,它可以实现最佳配置,其中私有化程度不会影响产出补贴,但会影响研发补贴。

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