Empirical evidence strongly suggests that R&D increases a firm’s "absorptive capacity" (its ability to absorb spillovers from other firms) as well as contributing directly to profitability. We explore the theoretical ...
Naghavi, Alireza(University College Dublin. School of Economics, 2003-10)
This paper studies the strategic behavior of multinationals towards weak labor standards in developing countries (South). Without a marginal cost pricing policy, abundant labor in the South gives firms the power to set ...
This paper studies advertising in vertically differentiated product markets with positive consumption externalities. In markets with consumption externalities, the value of the product to the consumer depends on the ...
This Paper analyses endogenous price leadership in a duopolistic market with differentiated products and symmetrically informed firms. We study the effects of deadlines and discounting in a standard endogenous leadership ...
Neary, J. Peter(University College Dublin. School of Economics, 2004-03-01)
A two-country model of oligopoly in general equilibrium is used to show how changes
in market structure accompany the process of trade and capital market liberalisation. The
model predicts that bilateral mergers in which ...
This paper endogenises the extent of intra-sectoral competition in a multi-sectoral model of oligopoly in general equilibrium. Firms choose capacity followed by prices. If the benefits of capacity investment in a given ...
Leahy, Dermot(University College Dublin. School of Economics, 1994-03)
The import protection as export promotion thesis is examined from a positive and normative perspective in a series of two-stage games in which firms choose R&D and capacity in the first stage and quantity or price in the ...
Neary, J. Peter(University College Dublin. School of EconomicsUniversity College Dublin. Institute for the Study of Social Change (Geary Institute), 2002-08-18)
This paper reviews some puzzling economic aspects of globalisation and argues that
they cannot be satisfactorily addressed in perfectly or monopolistically competitive models. Drawing on recent work, a model of oligopoly ...
We examine optimal industrial and trade policies in a series of dynamic oligopoly games in which a home and a foreign firm compete in R&D and output. Alternative assumptions about the timing of moves and the ability of ...
We examine optimal industrial and trade policies in a series of dynamic oligopoly games in which a home and a foreign firm compete in R&D and output. Alternative assumptions about the timing of moves and the ability of ...
Neary, J. Peter(University College Dublin. School of Economics, 2005-06-23)
I review and extend three approaches to trade and environmental policies: competitive general equilibrium, oligopoly and monopolistic competition. The first two have surprisingly similar implications; deviation deviations ...
This paper examines the implications for strategic trade policy of different assumptions about precommitment. In a dynamic oligopoly game with learning by doing, the optimal first-period subsidy is lower if firms cannot ...
We present a new model of multi-product firms (MPFs) and flexible manufacturing and explore its implications in partial and general equilibrium. International trade integration affects the scale and scope of MPFs through ...
Pavelin, Stephen(University College Dublin. School of Economics, 2006-12)
This paper presents a model of the interaction between two rival firms based in the same country. Each firm must decide how to serve a foreign market (export or foreign production) and how much to invest in a corporate-wide ...
This paper examines the free-market and socially-optimal outcomes in a dynamic oligopoly model with R&D spillovers. First-best optimal subsidies to R&D are higher when firms play strategically against each other, but lower ...
Neary, J. Peter(University College Dublin. School of Economics, 2002-10)
I review previous approaches to modelling oligopoly in general equilibrium, and propose
a new view which in principle overcomes their deficiencies: modelling firms as large in their own market but small in the economy as ...
The theory of strategic trade policy yields ambiguous recommendations for assistance
to exporting firms in oligopolistic industries. However, some writers have suggested that investment subsidies are a more robust ...
Naghavi, Alireza(University College Dublin. School of Economics, 2003-04)
I analyze the welfare implications of protecting intellectual property rights (IPR) in developing countries through its impact on innovation, market structure, and technology transfer. FDI, tariffs, and joint ventures (JV) ...
We characterize optimal trade and industrial policy in dynamic oligopolistic markets. If governments can commit to future policies, optimal first-period intervention should diverge from the profit-shifting benchmark to an ...
We introduce the concept of cooperative substitutes and complements, and use it to throw light on the conditions for a research joint venture to choose equal levels of R&D by all member firms. We show that the second-order ...