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.

Sprache
Englisch

Erschienen in
Series: IUI Working Paper ; No. 467

Klassifikation
Wirtschaft
Neoclassical Models of Trade
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Thema
PRODUCTION
RESEARCH AND DEVELOPMENT
PRODUCTIVITY

Ereignis
Geistige Schöpfung
(wer)
Ekholm, Karolina
Torstensson, Johan
Ereignis
Veröffentlichung
(wer)
The Research Institute of Industrial Economics (IUI)
(wo)
Stockholm
(wann)
1996

Handle
Letzte Aktualisierung
10.03.2025, 11:47 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Ekholm, Karolina
  • Torstensson, Johan
  • The Research Institute of Industrial Economics (IUI)

Entstanden

  • 1996

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