Report Number

1995-007

Abstract

The paper examines possible consequences of subsidies to R&D and to volume production proposed under the Clinton administration's flat panel display initiative. We do this in the context of a model in which firms behave competitively in the short run, while realizing that their choices of capacity and yield-improving R&D in the medium and long run will affect market price.

Keywords

Subsidies, Research and Development, United States

Date of this Version

1-1-1995

Share

COinS