Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/28177
Authors: 
Kranich, Jan
Year of Publication: 
2007
Series/Report no.: 
University of Lüneburg working paper series in economics 59
Abstract: 
This paper discusses a model of vertical and horizontal product differentiation within the Dixit-Stiglitz framework of monopolistic competition. Firms compete not only in prices and horizontal attributes of their products, but also in the quality that can be controlled by R&D activities. Based upon the results of a general equilibrium model, intra-sectoral trade and the welfare implications of public intervention in terms of research promotion are considered. The analysis involves a numerical application to ten basic European industries
JEL: 
D43
F12
L13
L16
Document Type: 
Working Paper

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