Abstract The literature presents conflicting arguments on the social value of public grants awarded to private firms. Some of the prominent examples are those associated with public grants for medical research awarded by the National Institute of Health to private healthcare providers. This study evaluates the social welfare impact of such public grants to private sector in a mixed duopoly model. The results generate equilibrium-based conditions that could be responsible for the enhancing or deteriorating social welfare effect of public grants awarded to private healthcare providers. The status of the competing public healthcare providers turns out to be a crucial factor. The results have policy implications for public granting agencies and for state governments in charge of public healthcare providers.

中文翻译：

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授予私营公司的公共补助金：混合双头垄断分析

摘要 文献对授予私营公司的公共补助的社会价值提出了相互矛盾的论点。一些突出的例子是与国家卫生研究院授予私人医疗保健提供者的医学研究公共补助金相关的那些。本研究以混合双头垄断模式评估此类公共拨款对私营部门的社会福利影响。结果产生了基于均衡的条件，这些条件可能导致授予私人医疗保健提供者的公共拨款的社会福利效应增强或恶化。竞争的公共医疗保健提供者的地位原来是一个关键因素。结果对公共拨款机构和负责公共医疗保健提供者的州政府具有政策意义。