Market Distortions and Benefits from Research
比较了在多种价格政策下成本降低研究的收益及其分配，与无政策时的情形进行对比，发现价格政策可能减少、不变或增加净国家或世界收益，取决于政策性质和国家在世界市场中的重要性。
Abstract The benefits from cost‐reducing research and their distribution under a range of price policies are compared with those that would arise in the absence of the policies. While any price policy affects the distribution of research benefits, the net national or world benefits may be reduced, lef unchanged, or increased, depending on the nature of the policy and the significance of the country in the world market for the commodity. Some implications for decisions on price policies and for distortions in incentives for the allocation of resources to research are raised.