Please use this identifier to cite or link to this item: https://doi.org/10.48548/pubdata-1251
Resource typeWorking Paper
Title(s)Too much R&D? - Vertical differntiation in a model of monopolistic competition
DOI10.48548/pubdata-1251
Handle20.500.14123/1314
CreatorKranich, Jan  131481479
AbstractThis 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.
LanguageEnglish
KeywordsMonopolistic Competition; Product Differentiation; Monopolistische Konkurrenz; Produktdifferenzierung
Year of publication in PubData2007
Publishing typeFirst publication
Publication versionPublished version
Date issued2007-09-10
Creation contextResearch
Published byMedien- und Informationszentrum, Leuphana Universität Lüneburg
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