Arbeitspapier
High-Technology Subsidies in General Equilibrium: A Sector-Specific Approach
We use a specific-factor model to examine the conditions under which policy-makers are able to increase aggregate production of high-tech goods by production or R&D-subsidies in the short and long run. The difficulties for the policy-makers in designing a subsidy scheme that succeeds in expanding aggregate high-tech production involve taking into account the trade-off between resources used in R&D and production of high-tech goods, the relative impact of different R&D activities on productivity, and the ease with which resources may be attracted from the non-high-tech sector of the economy to the various high-tech industries.
- Language
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Englisch
- Bibliographic citation
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Series: IUI Working Paper ; No. 467
- Classification
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Wirtschaft
Neoclassical Models of Trade
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- Subject
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PRODUCTION
RESEARCH AND DEVELOPMENT
PRODUCTIVITY
- Event
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Geistige Schöpfung
- (who)
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Ekholm, Karolina
Torstensson, Johan
- Event
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Veröffentlichung
- (who)
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The Research Institute of Industrial Economics (IUI)
- (where)
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Stockholm
- (when)
-
1996
- Handle
- Last update
-
10.03.2025, 11:47 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Ekholm, Karolina
- Torstensson, Johan
- The Research Institute of Industrial Economics (IUI)
Time of origin
- 1996