This paper analyzes the joint design of innovation and competition policy. It focuses on collusion sustainability changes due to implementation of antitrust fines and R&D subsidies in an extension of a model by Miyagiwa (2009). Generic subsidies for R&D are found not to facilitate collusion, while additional subsidization to research joint ventures (RJVs) can be collusion facilitating. We also ...

Introduction ................................................................................................................................. 86 How was the decline of inclusion caused? .............................................................................. 88 Why is the decline of inclusion a problem for social action? ................................................ 90 Graduated (and ...

Financial safety nets are intended to reduce the likelihood and severity of financial crises that have macroeconomic externalities. While safety nets are intended to confer benefits on the macroeconomy, their design and implementation may confer disproportionate benefits on identifiable sectors, such as banks and depositors. In this study, we distinguish between safety net benefits and subsidie...

This paper offers a critical commentary on the launch process for a large commercial aircraft (LCA). Using the Boeing 7e7 as an example, we argue that the contemporary launch process bears little resemblance to previous practices. Specifically, the launch process involves both domestic and foreign subsidies because US production is now organized under a ‘systems integration’ basis. Under system...

This paper provides a unified treatment of externalities associated with fertility and human capital accumulation as they relate to pension systems. It considers as overlapping generations model in which every generation consists of high earners and low earners with the proportion of types being determined endogenously. The number of children is deterministically chosen but the children’s futur...

There are no theoretical studies in regional science that examine which region to locate from the standpoint of a creative class member, given pertinent authorities (RAs) competing among themselves attract using subsidies. This gap provides motivation for our paper. paper’s contribution is it first theoretically study location choice members when RAs locations they might subsidies them. Specifi...

Subsidizing is usually controlled and provided by governments and NGOs in many countries, and is considered as a strategic service. Subsidizing is important because it provides a means for needy customers to obtain certain services, they cannot afford paying their original prices. The revolution in the technology used in mobile phones and the wide use of these mobile phones, have led to the ide...

Start-up subsidies are a frequently employed policy instrument, the use of which is justified by alleged market failure resulting from positive external effects and capital market imperfections. This article investigates whether the allocation of subsidies reflects a policy focus on addressing these market failure occurrences. However, using survey data from the East German state of Thuringia, ...