First-Best Tax Policy, Congestion, and Imperfect Competition
學年 95
學期 2
出版(發表)日期 2007-03-01
作品名稱 First-Best Tax Policy, Congestion, and Imperfect Competition
著者 Hung, Hsiao-wen
單位 淡江大學產業經濟學系
出版者 Heidelberg: Springer
著錄名稱、卷期、頁數 International Review of Economics 54(1), pp.66-79
摘要 In the presence of imperfect competition and externalities -increasing returns to diversity and congestion -competitive equilibria are not efficient. Thus, the inefficiency can be modified by the introduction of appropriate fiscal policies. Under the consideration of an optimal fiscal policy, the results of this paper show that the government should pay a subsidy to labor and capital income in order to correct the production inefficiency. Furthermore, the optimal subsidy to fixed costs depends on the degree of increasing returns to diversity and the degree of congestion, and it decreases with the latter effect.
關鍵字 First-best tax policies; Congestion; Imperfect competition
語言 en
ISSN 1865-1704 1863-4613
期刊性質 國外
通訊作者 Hung, Hsiao-wen
國別 DEU
出版型式 紙本 電子版

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