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  • 标题:R&D spillovers and cartelization of industries with differentiated products
  • 本地全文:下载
  • 作者:Jacek Prokop ; Adam Karbowski
  • 期刊名称:Journal of International Studies
  • 印刷版ISSN:2071-8330
  • 电子版ISSN:2306-3483
  • 出版年度:2018
  • 卷号:11
  • 期号:3
  • 页码:44-56
  • DOI:10.14254/2071-8330.2018/11-3/4
  • 语种:English
  • 出版社:Centre of Sociological Research, Szczecin, Poland
  • 摘要:The objective of this article is to investigate the impact of research and development (R&D) spillovers on cartelization of industries characterized by differentiated products. For simplicity,we focus on the duopoly market in which firms compete according to the Stackelberg leadership model. Numerical analysis shows that as long as products offered on the market are at least slightly differentiated,it is beneficial for firms to cooperate at the R&D stage,and form a cartel at the final product market. The threat of cartelizing industry is not present only under fully homogenous goods’ competition. But,since the vast majority of product markets trade in differentiated goods,tightening cooperation in R&D generates a serious threat of industry cartelization. Thus,significant antitrust issues emerge.
  • 关键词:R&D spillovers;industry cartelization;Stackelberg competition;heterogeneous products;linear cost functions.
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