Free trade agreements and international R&D networks / Vasileios Zikos.
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Item type | Home library | Collection | Shelving location | Call number | Copy number | Status | Date due | Barcode | Item holds |
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UTCC Library | UTCC Research/Dissertation (English) | UTCC Library, Bldg 24 Fl 7 | 382.71 Z68f (Browse shelf) | c. 1 | Available | 32009002321472 |
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บริจาค
We study the endogenous formation of free trade agreements (FTAs) between countries and international R&D networks between .rms. The government of each country can initiate bilateral FTAs to abolish the import tariffs of other countries,
while firms decide whether (and with whom) to form R&D collaborations. We build a model of double-layer networks where the network of FTAs is formed in the first layer, and the R&D network in the second layer. Consistently with the stylized facts, we show that FTAs can promote international R&D collaboration between firms. Thus FTAs can be seen as a building block toward the expansion of R&D collaborations
between firms. In terms of efficiency, we find that private incentives to form FTAs align with societal ones. For R&D networks, however, private and social incentives are in conflict.
This Research was financially supported by The University of The Thai Chamber of Commerce, 2016.
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