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Erscheinungsjahr
- 2007 (2) (entfernen)
Dokumenttyp
- Research Paper (2) (entfernen)
Schlagworte
- Biotechnologie (1)
- Biotechnology (1)
- Forschung und Entwicklung (1)
- Monopolistic Competition (1)
- Monopolistische Konkurrenz (1)
- New Economic Geography (1)
- Product Differentiation (1)
- Produktdifferenzierung (1)
- R&D (1)
- Vertical Linkages (1)
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- Frühere Fachbereiche (2) (entfernen)
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.