R&D and output in a regulated vertically integrated oligopoly
Article Abstract:
Research was conducted to investigate the impact of input price regulation on research and development and output in a vertically integrated industry. The study considered two firms in the industry wherein one integrated firm produced the input and the output while the non-integrated firm did not produce the input but bought it form the integrated firm. Results indicate that while input price regulation may be a politically popular move in terms of its effect on the consumers, the society does not necessarily benefit from such a move.
Publication Name: Bulletin of Economic Research
Subject: Economics
ISSN: 0307-3378
Year: 1999
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Joint Adjustment of House Prices, Stock Prices and Output Towards Shortrun Equilibrium
Article Abstract:
Asset prices demonstrated different reaction patterns in this analysis, which used a rational expectation setup. These findings were critically dependent on housing services demand elasticity. Results are compared with relevant empirical data.
Publication Name: Bulletin of Economic Research
Subject: Economics
ISSN: 0307-3378
Year: 2006
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