(不)確定性、談判與研發政策—內生技術變動的經濟體系

(In)Determinacy, Bargaining, and R&D Policies in an Economy with Endogenous Technological Change

本文擴充傳統的研發內生成長模型，設置談判架構並討論相關的研發政策，結果發現政府政策與談判過程可能是導致經濟體系出現成長路徑不確定性的原因。在高成長路徑下，政府直接從事研發活動以及對研發活動給予津貼，恐無法促進成長；反之，在低成長路徑下，政府直接從事研發活動以及採行研發津貼政策，可能促使經濟成長。

 

In this paper, the authors extend the standard R&D endogenous growth model to incorporate a bargaining structure and consider the related R&D policies. We find that government policies and bargaining process could be potential sources of local indeterminacy. On a high-growth path, directly engaging in R&D activities and subsidizing R&D activities by government may not enhance economic growth. While on a low-growth path, directly engaging in R&D activities and implementing R&D subsidies may induce economic growth.