Abstract
The WTO subsidy rules use two key criteria, specificity and adverse effects, to regulate R&D subsidies. Using the model of Dornbusch et al. (1977), we offer a Ricardian rationale for the regulatory criteria.
Original language | English |
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Article number | 109500 |
Journal | Economics Letters |
Volume | 196 |
DOIs | |
State | Published - Nov 2020 |
Keywords
- Beggar-thy-neighbor policies
- R&D subsidies
- SCM Agreement