Please use this identifier to cite or link to this item:
https://doi.org/10.48548/pubdata-1251
| Resource type | Working Paper |
| Title(s) | Too much R&D? - Vertical differntiation in a model of monopolistic competition |
| DOI | 10.48548/pubdata-1251 |
| Handle | 20.500.14123/1314 |
| Creator | Kranich, Jan  131481479 |
| Abstract | This paper discusses a model of vertical and horizontal product differentiation within the Dixit-Stiglitz framework of monopolistic competition. Firms compete not only in prices and horizontal attributes of their products, but also in the quality that can be controlled by R&D activities. Based upon the results of a general equilibrium model, intra-sectoral trade and the welfare implications of public intervention in terms of research promotion are considered. The analysis involves a numerical application to ten basic European industries. |
| Language | English |
| Keywords | Monopolistic Competition; Product Differentiation; Monopolistische Konkurrenz; Produktdifferenzierung |
| Year of publication in PubData | 2007 |
| Publishing type | First publication |
| Publication version | Published version |
| Date issued | 2007-09-10 |
| Creation context | Research |
| Published by | Medien- und Informationszentrum, Leuphana Universität Lüneburg |
| Related resources |
Files in This Item:
| File | Size | Format | |
|---|---|---|---|
wp_59_Upload.pdf License: Nutzung nach Urheberrecht open-access | 1.13 MB | Adobe PDF | View/Open |
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