研討日期

2016123日上午10:20 ~ 12:00

研討地點

台大社會科學院710討論室

主講題目

R&D Subsidies, Spillovers, and Privatization in Mixed Markets

作者

Maria José Gil-Moltó, Joanna Poyago-Theotoky and Vasileios Zikos

文獻出處

Southern Economic Journal 78(1) 233–255

主講人

林晏如

參加人員

林晏如、施姵全、曹古駒、林燕淑、蔡明芳、呂得成、蔡朝宇、劉明哲、梁文榮、周冰瑤、王羿傑

摘要

We examine the use of subsidies to research and development (R&D) in a mixed and a private duopoly market. We show that the socially optimal R&D subsidy is increasing in the degree of spillovers, but it is lower in the private duopoly. The optimal R&D subsidy leads to an increase in total R&D and production; however, it does not lead to the equalization of per firm output and therefore to an efficient distribution of production costs. We also find that privatization of the public firm reduces R&D activity and welfare in the duopoly market. This result stands even when optimal R&D subsidies are provided.