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Economics

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R&D and output in a regulated vertically integrated oligopoly

Article Abstract:

Research was conducted to investigate the impact of input price regulation on research and development and output in a vertically integrated industry. The study considered two firms in the industry wherein one integrated firm produced the input and the output while the non-integrated firm did not produce the input but bought it form the integrated firm. Results indicate that while input price regulation may be a politically popular move in terms of its effect on the consumers, the society does not necessarily benefit from such a move.

United States, Research and Development in the Physical, Engineering, and Life Sciences, Commercial physical research, Research & Development-Industry, Statistical Data Included, Research, Industrial research, Oligopolies

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Joint Adjustment of House Prices, Stock Prices and Output Towards Shortrun Equilibrium

Article Abstract:

Asset prices demonstrated different reaction patterns in this analysis, which used a rational expectation setup. These findings were critically dependent on housing services demand elasticity. Results are compared with relevant empirical data.

Residential Building Construction, Commodity & service prices, Housing incl Mobile Homes, Models, Tests, problems and exercises, Prices and rates, Stocks, Housing, Comparative analysis, Dwellings, Stock prices, Rational expectations (Economics), Equilibrium (Economics), Company pricing policy

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