A Ricardian rationale for the WTO rules on R&D subsidies
نویسندگان
چکیده
منابع مشابه
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15 صفحه اولThe WTO’s SCM Agreement and R&D Subsidies: A Ricardian Analysis and Evidence from Korea∗
The WTO’s SCM Agreement contained a safe harbor for R&D subsidies from 1995 to 1999, but reclassified R&D subsidies as actionable since 2000. We theoretically analyze the basis for regulating R&D subsidies and empirically assess whether the SCM Agreement has had any impact on government’s support for R&D subsidies. We modify and develop a Ricardian trade model in which R&D subsidies can be desi...
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I construct a theory of trade agreements in which nations negotiate over both domestic policies and trade policies in a monopolistically competitve setting. My theory contributes to two trade policy questions: rst, what problems do trade agreements solve? Second, what explains the evolution of domestic subsidy rules between the GATT and the WTO? I show that trade agreements must solve a rm-de...
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2020
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2020.109500