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題名 Monopolistic Competition and Increasing Returns: Implications for Optimal Fiscal Policies and Over-entry
作者 Chen,Chien-Yin;Hung,Fu-Sheng
洪福聲
貢獻者 政大經濟系
日期 2012-04
上傳時間 16-Sep-2013 17:35:59 (UTC+8)
摘要 By separating monopolistic competition from increasing returns to fully disentangle their corresponding effects, this paper find that optimal tax rates on factor incomes are decreasing in the degree of increasing returns, but are independent of the degree of market power. Moreover, free entry may lead to over or too little entry relative to the social optimum, depending on the relative strengths of the effects from increasing returns, market power, and congestion. These conclusions are different from the recent study that uses the same parameter to characterize increasing returns and monopolistic competition.
關聯 Economics bulletin, 32(2), 1142-1150
資料類型 article
dc.contributor 政大經濟系en_US
dc.creator (作者) Chen,Chien-Yin;Hung,Fu-Shengen_US
dc.creator (作者) 洪福聲-
dc.date (日期) 2012-04en_US
dc.date.accessioned 16-Sep-2013 17:35:59 (UTC+8)-
dc.date.available 16-Sep-2013 17:35:59 (UTC+8)-
dc.date.issued (上傳時間) 16-Sep-2013 17:35:59 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/60968-
dc.description.abstract (摘要) By separating monopolistic competition from increasing returns to fully disentangle their corresponding effects, this paper find that optimal tax rates on factor incomes are decreasing in the degree of increasing returns, but are independent of the degree of market power. Moreover, free entry may lead to over or too little entry relative to the social optimum, depending on the relative strengths of the effects from increasing returns, market power, and congestion. These conclusions are different from the recent study that uses the same parameter to characterize increasing returns and monopolistic competition.en_US
dc.format.extent 325668 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) Economics bulletin, 32(2), 1142-1150en_US
dc.title (題名) Monopolistic Competition and Increasing Returns: Implications for Optimal Fiscal Policies and Over-entryen_US
dc.type (資料類型) articleen