Accepted Manuscript

Market failure, government inefficiency, and optimal R&D policy

Fidel Perez-Sebastian

PII: S0165-1765(15)00022-1DOI: http://dx.doi.org/10.1016/j.econlet.2015.01.012Reference: ECOLET 6626

To appear in: Economics Letters

Received date: 3 November 2014Revised date: 7 January 2015Accepted date: 10 January 2015

Please cite this article as: Perez-Sebastian, F., Market failure, government inefficiency, andoptimal R&D policy. Economics Letters (2015),http://dx.doi.org/10.1016/j.econlet.2015.01.012

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