研討日期

2016611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

Endogenous product differentiation and international R&D policy

作者

Andreas Hoefele

文獻出處

International Review of Economics and Finance 41 (2016) 335–346

主講人

曹古駒

參加人員

曹古駒、周冰瑤、林燕淑、呂得成、梁文榮、施全、陳金盛、黃鴻、林晏如、高國峯、彭正浩、陳宏易、王光正、丁虹仁

摘要

The aim of this paper is to analyse the optimal R&D policy for internationally active firms investing in product innovation. The evidence shows that firms invest significantly in product innovation, and policy makers have shown renewed interest in evaluating potential impact of advances when targeting R&D support. I show that the optimal R&D policy – a tax or a subsidy – depends on the strength of the market-expansion effect, which is linked to the strength of the consumer's preference for differentiated goods. This paper therefore provides a clear rationale for targeting sectors with a strong market-expansion effect with subsidies.