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Public policy towards R&D in oligopolistic industries

Article Abstract:

An analysis of commercial policy administration with regards to oligopolistic industries reveals that research and development output, productivity and welfare are reduced when industries engage in strategic behavior. The study also reveals that higher subsidies are justified for industries engaged in strategic activities and industrial research efforts. Moreover, the study justifies the economic effects of cooperative research efforts.

Author: Leahy, Dermot, Neary, J. Peter
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1997
Economics, Research and Development in the Social Sciences and Humanities, Competition (Economics), Industrial research, Trade policy, Commercial policy, Oligopolies

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Rationalizing the Penn World Table: true multilateral indices for international comparisons of real income

Article Abstract:

An analysis of Penn World Table and Geary method that are used for ascertaining real incomes from the deviations in purchasing power parity is presented. PPP is a method of comparing the real incomes of different countries.

Author: Neary, J. Peter
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2004
Foreign trade, Economic aspects, International trade, Comparative analysis, Purchasing power, Countries

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A reconsideration of hedonic price indexes with an application to PC's

Article Abstract:

Hedonics is used to improve goods biases in price indexes especially in the case of personal computers. The prices unsold personal computers in stores are analyzed.

Author: Pakes, Ariel
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2003
Commodity & service prices, Usage, Prices and rates, Microcomputers, Company pricing policy, Personal computers, Hedonism

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Subjects list: Analysis, United States, Price indexes
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