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Strategic multilateral exchange and taxes

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  • GABSZEWICZ, Jean
  • GRAZZINI, Lisa

Abstract

This contribution investigates the effictiveness and welfare implications of fiscal policies in a context of multilateral trade, when traders behave strategically. The present approach deals simultaneously with two aspects of fiscal policies: collecting resources for redistributive purposes and correcting distortions related to imperfectly competitive behaviour.

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Bibliographic Info

Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2000063.

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Date of creation: 00 Dec 2000
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Handle: RePEc:cor:louvco:2000063

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Keywords: imperfect competition; taxation; strategic market game.;

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References

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  1. Amir, Rabah & Sahi, Siddharta & Shubik, Martin & Yao, Shuntian, 1990. "A strategic market game with complete markets," Journal of Economic Theory, Elsevier, vol. 51(1), pages 126-143, June.
  2. Aumann, Robert J & Kurz, Mordecai, 1977. "Power and Taxes," Econometrica, Econometric Society, vol. 45(5), pages 1137-61, July.
  3. Cordella, T. & Gabszewicz, J. J., . ""Nice'' trivial equilibria in strategic market games," CORE Discussion Papers RP -1302, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  4. GABSZEWICZ, Jean & GRAZZINI, Lisa, 1998. "Taxing market power," CORE Discussion Papers 1998048, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  5. Bloch, Francis & Ferrer, Helene, 2001. "Strategic complements and substitutes in bilateral oligopolies," Economics Letters, Elsevier, vol. 70(1), pages 83-87, January.
  6. Guesnerie Roger & Laffont Jean-jacques, 1978. "Taxing price makers," CEPREMAP Working Papers (Couverture Orange) 7806, CEPREMAP.
  7. Shapley, Lloyd S & Shubik, Martin, 1977. "Trade Using One Commodity as a Means of Payment," Journal of Political Economy, University of Chicago Press, vol. 85(5), pages 937-68, October.
  8. Gabszewicz, J. & Michel, P., 1992. "Oligopoly Equilibria in Exchange Economies," Papiers d'Economie Mathématique et Applications 92.26, Université Panthéon-Sorbonne (Paris 1).
  9. Myles, Gareth D., 1989. "Ramsey tax rules for economies with imperfect competition," Journal of Public Economics, Elsevier, vol. 38(1), pages 95-115, February.
  10. Martin Shubik, 1977. "A Theory of Money and Financial Institutions," Cowles Foundation Discussion Papers 462, Cowles Foundation for Research in Economics, Yale University.
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Citations

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Cited by:
  1. Ludovic A. Julien & Fabrice Tricou, 2010. "Oligopoly Equilibria “à la Stackelberg” in Pure Exchange Economies," Discussion Papers (REL - Recherches Economiques de Louvain) 2010023, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  2. Odd Godal & Bjart Holtsmark, 2010. "International emissions trading with endogenous taxes," Discussion Papers 626,, Research Department of Statistics Norway.
  3. Flåm, Sjur Didrik & Jongen, Hubertus Th. & Stein, Oliver, 2007. "Slopes of Shadow Prices and Lagrange Multipliers," Working Papers in Economics 05/07, University of Bergen, Department of Economics.
  4. Ludovic A. Julien & Fabrice Tricou, 2009. "Preferences, market power and oligopolistic competition: an example," Economics Bulletin, AccessEcon, vol. 29(4), pages 2918-2923.

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