OPTIMAL POLICIES WITH STRATEGIC DISTORTIONS

被引：8
|
作者：
KRISHNA, K
THURSBY, M
机构：
[1] PURDUE UNIV,W LAFAYETTE,IN 47907
[2] NATL BUR ECON RES,CAMBRIDGE,MA 02138
来源：
JOURNAL OF INTERNATIONAL ECONOMICS | 1991年 / 31卷 / 3-4期
基金：
美国国家科学基金会;
关键词：
D O I：
10.1016/0022-1996(91)90040-D
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper analyzes the jointly optimal levels of a variety of policy instruments when markets are imperfectly competitive. A targeting principle to identify optimal policies under imperfect competition is derived using the concept of a 'strategic distortion'. This allows us to interpret when trade policy is first best and links the literature on optimal policies with imperfect competition to the standard targeting literature. We show that optimal tax/subsidy policy depends crucially on the presence of other regulations and assumptions about market segmentation. © 1991.
引用
收藏
页码：291 / 308
页数：18
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