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 |
|---|---|
| Article number | 109500 |
| Journal | Economics Letters |
| Volume | 196 |
| DOIs | |
| State | Published - Nov 2020 |
Keywords
- Beggar-thy-neighbor policies
- R&D subsidies
- SCM Agreement