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    題名: First-Best Tax Policy, Congestion, and Imperfect Competition
    作者: Hung, Hsiao-wen
    貢獻者: 淡江大學產業經濟學系
    關鍵詞: First-best tax policies;Congestion;Imperfect competition
    日期: 2007-03
    上傳時間: 2009-11-30 17:57:01 (UTC+8)
    出版者: Heidelberg: Springer
    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.
    關聯: International Review of Economics 54(1), pp.66-79
    DOI: 10.1007/s12232-007-0006-5
    顯示於類別:[產業經濟學系暨研究所] 期刊論文

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