Leahy, Dermot (contributor); Neary, J. Peter (contributor) - 2007
welfare superior to non-intervention.
JEL Classi�cation: L13, F12.
Keywords: Industrial policy, Investment subsidies, Subsidy …, the literature on strategic trade and industrial policy has shown that the case for
investment subsidies is much more … typically nationally optimal when a domestic oligopolist faces
foreign rivals, and industrial policy can be used by a national …