منابع مشابه
Pareto-improving tariff-tax reforms under imperfect competition
Article history: Received 29 June 2013 Received in revised form 18 November 2013 Accepted 19 November 2013 Available online 12 December 2013 Constructing a duopoly model with non-constant marginal costs and a strict Pareto criterion, this paper examines welfare effects of world-price-fixing tariff reductions accompanied by adjustments of a domestic tax. If a destination-based consumption tax is...
متن کاملInternational Trade and Environmental Policy Under Imperfect Competition
The objective of the present paper is to review the literature on the link between environmental policy and international trade, with a focus on imperfect competition on the world output markets. Special attention will be paid to the literature on oligopoly and strategic government policy and its potential consequences for the ecological dumping debate. We address partial equilibrium as well as...
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This paper proposes a channel through which increased openness to international trade can increase a country’s long-run incentive to create inflation. The theoretical justification for this channel is the well known ‘‘beggar thy neighbor’’ incentive, and its dominance relies on a monetary authority’s ability to commit to policy as well as the asymmetric effects of the underlying frictions in th...
متن کاملComments on ‘‘Optimal fiscal and monetary policy under imperfect competition’’
There are many avenues to studying or recommending economic policy. Most common in public debates is an approach, where someone offers some amazingly precise policy conclusion (‘‘the age of mandatory retirement should be 67’’) based on an equally amazingly vague or secondary policy objective (‘‘financial viability of the pension system in the long run’’). Similar examples abound in monetary pol...
متن کاملOutput-Based Allocation of Environmental Policy Revenues and Imperfect Competition
Environmental policies with output-based refunding of the revenues effectively combine a tax on emissions with a subsidy to output. Three similar forms exist: tradable performance standards, an emissions tax with rebates, and tradable permits with output-based allocation. Two arguments for including an output subsidy are imperfect competition, in which an environmental regulation alone could ex...
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ژورنال
عنوان ژورنال: The Manchester School
سال: 1991
ISSN: 1463-6786,1467-9957
DOI: 10.1111/j.1467-9957.1991.tb00436.x