dc.contributor.author | Pires, Armando José Garcia | |
dc.date.accessioned | 2014-02-25T14:24:38Z | |
dc.date.available | 2014-02-25T14:24:38Z | |
dc.date.issued | 2013-10 | |
dc.identifier.uri | http://hdl.handle.net/11250/166678 | |
dc.description.abstract | In this paper, we explore another factor besides trade costs that can affect firms’ exports: strategic interaction between firms in R&D investment. Three results can be highlighted. First, the volume of trade is higher in the presence of R&D than in the absence of it, given that R&D reduces marginal costs. Second, like with reductions in trade costs, international trade grows with increases in the return on R&D, since technological progress enhances firms’ competitiveness. Third, when firms differ in commitment power in R&D, the R&D leader plays strategically in R&D in order to become more competitive and to be more active in international markets than the R&D follower. | no_NO |
dc.language.iso | eng | no_NO |
dc.publisher | SNF | no_NO |
dc.relation.ispartofseries | Working paper;38/13 | |
dc.subject | R&D investment | no_NO |
dc.subject | commitment power | no_NO |
dc.subject | engogenous asymmetric firms | no_NO |
dc.subject | market access | no_NO |
dc.title | Beyond trade costs : firms’ endogenous access to international markets | no_NO |
dc.type | Working paper | no_NO |
dc.subject.nsi | VDP::Social science: 200::Economics: 210::Economics: 212 | no_NO |