search query: @author Neary, P. / total: 4
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| Author: | Leahy, D. Neary, P. |
| Title: | Learning by doing, precommitment and infant-industry promotion |
| Journal: | Review of Economic Studies
1999 : APR, VOL. 66:2(227), p. 447-474 |
| Index terms: | ECONOMICS LEARNING PROMOTION |
| Language: | eng |
| Abstract: | The authors examine the implications for strategic trade policy of different assumptions about pre-commitment in a two-period Cournot oligopoly game with learning by doing. The inability of firms and governments to precommit to future actions encourages strategic behaviour which justifies as optimal first-period export tax relative to the profit-shifting benchmark of an export subsidy. Extensions to active foreign policy, distortionary taxation and Bertrand competition are also considered. |
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