지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
초록· 키워드
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This paper analyzes the effect of the MFN tariff regime and the optimal discriminatory tariff regime on process R&D and product R&D investment of foreign exporting firms. Foreign firms choose a higher process R&D and a higher product R&D investment under the MFN tariff regime than under the optimal discriminatory tariff regime due to the complementary interaction between foreign firms' process R&D and product R&D investment choices under Bertrand competition. This paper shows that the adoption of the MFN tariff regime does not necessarily guarantee the improvement of the social welfare of an importing country, which is a rebuttal to Choi's (1995) results. The MFN tariff policy can actually have a negative effect on importing country's welfare relative to optimal discriminatory tariff policy if there are product and process R&D investment choices of exporting firms. This result implies that there is lack of precommitment value of MFN policy, which is in fact the reverse to Choi (1995).
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참고문헌 (18)
참고문헌 신청
Athey, S. / 1995 / Product and process flexibility in an innovative Environment / Rand Journal of Economics 26 : 557 ~ 574
Bagwell, K. / 2009 / The WTO: Theory and Practice
Belderbos, R. / 2006 / Complementarity in R&D cooperation strategies / Review of Industrial Organization 28 (4) : 401 ~ 426
Belleflamme, P. / 2011 / Incentives to innovate in oligopolies / The Manchester School 79 : 6 ~ 28
Bester, H. / 1993 / The incentives for cost reduction in a differentiated Industry / International Journal of Industrial Organization 11 : 519 ~ 534
Bagwell, K. / 2009 / The WTO: Theory and Practice
Belderbos, R. / 2006 / Complementarity in R&D cooperation strategies / Review of Industrial Organization 28 (4) : 401 ~ 426
Belleflamme, P. / 2011 / Incentives to innovate in oligopolies / The Manchester School 79 : 6 ~ 28
Bester, H. / 1993 / The incentives for cost reduction in a differentiated Industry / International Journal of Industrial Organization 11 : 519 ~ 534
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