Time-inconsistent Output Subsidy/Tax Policies in Free-entry Mixed Markets
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Chen, Jiaqi & Lee, Sang-ho & Muminov, Timur K., 2019. "Time-inconsistent Output Subsidy/Tax Policies in Free-entry Mixed Markets," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 60(1), pages 61-77, June.
References listed on IDEAS
- Lee, Sang-Ho & Muminov, Timur K. & Tomaru, Yoshihiro, 2017.
"Partial Privatization And Subsidization In A Mixed Duopoly: R&D Versus Output Subsidies,"
Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 58(2), pages 163-177, December.
- Lee, Sang-Ho & Muminov, Timur & Tomaru, Yoshihiro, 2017. "Partial Privatization and Subsidization in a Mixed Duopoly: R&D versus Output Subsidies," MPRA Paper 79778, University Library of Munich, Germany.
- Cremer, Helmuth & Marchand, Maurice & Thisse, Jacques-Francois, 1989.
"The Public Firm as an Instrument for Regulating an Oligopolistic Market,"
Oxford Economic Papers, Oxford University Press, vol. 41(2), pages 283-301, April.
- Cremer, H. & Marchand, M. & Thisse, J.-F., 1987. "The public firm as an instrument for regulating an oligopolistic market," LIDAM Discussion Papers CORE 1987010, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- CREMER, Helmuth & MARCHAND, Maurice & THISSE, Jacques-François, 1989. "The public firm as an instrument for regulating an oligopolistic market," LIDAM Reprints CORE 832, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Cremer, Helmuth & Marchand, Maurice & Thisse, Jacques-Francois, 1991.
"Mixed oligopoly with differentiated products,"
International Journal of Industrial Organization, Elsevier, vol. 9(1), pages 43-53, March.
- CREMER, Helmuth & MARCHAND, Maurice & THISSE, Jacques-François, 1991. "Mixed oligopoly with differentiated products," LIDAM Reprints CORE 930, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Debashis Pal & Mark D. White, 1998. "Mixed Oligopoly, Privatization, and Strategic Trade Policy," Southern Economic Journal, John Wiley & Sons, vol. 65(2), pages 264-281, October.
- Federico Etro, 2008.
"Stackelberg Competition with Endogenous Entry,"
Economic Journal, Royal Economic Society, vol. 118(532), pages 1670-1697, October.
- Federico Etro, 2008. "Stackelberg Competition with Endogenous Entry," Economic Journal, Royal Economic Society, vol. 118(532), pages 1670-1697, October.
- Federico Etro, 2007. "Stackelberg competition with endogenous entry," Working Papers 121, University of Milano-Bicocca, Department of Economics, revised 2007.
- Xu, Lili & Lee, Sang-Ho & Matsumura, Toshihiro, 2017. "Ex-ante versus ex-post privatization policies with foreign penetration in free-entry mixed markets," International Review of Economics & Finance, Elsevier, vol. 50(C), pages 1-7.
- Xu, Lili & Lee, Sang-Ho, 2018. "The timing of environmental policies with excess burden of taxation in free-entry mixed markets," MPRA Paper 83560, University Library of Munich, Germany.
- Susumu Cato & Toshihiro Matsumura, 2015. "Optimal Privatisation and Trade Policies with Endogenous Market Structure," The Economic Record, The Economic Society of Australia, vol. 91(294), pages 309-323, September.
- Federico Etro, 2006. "Aggressive leaders," RAND Journal of Economics, RAND Corporation, vol. 37(1), pages 146-154, March.
- Davidson, Carl & Mukherjee, Arijit, 2007. "Horizontal mergers with free entry," International Journal of Industrial Organization, Elsevier, vol. 25(1), pages 157-172, February.
- Cato, Susumu & Matsumura, Toshihiro, 2017. "Optimal Production Tax and Privatization Policies under an Endogenous Market Structure," MPRA Paper 82893, University Library of Munich, Germany.
- White, Mark D., 1996. "Mixed oligopoly, privatization and subsidization," Economics Letters, Elsevier, vol. 53(2), pages 189-195, November.
- Xu, Lili & Lee, Sang-Ho, 2018. "Environmental policies with excess burden of taxation in free-entry mixed markets," International Review of Economics & Finance, Elsevier, vol. 58(C), pages 1-13.
- García, Arturo & Leal, Mariel & Lee, Sang-Ho, 2018.
"Time-inconsistent environmental policies with a consumer-friendly firm: Tradable permits versus emission tax,"
International Review of Economics & Finance, Elsevier, vol. 58(C), pages 523-537.
- Garcia, Arturo & Leal, Mariel & Lee, Sang-Ho, 2018. "Time-inconsistent environmental policies with a consumer-friendly firm: tradable permits versus emission tax," MPRA Paper 86407, University Library of Munich, Germany.
- Toshihiro Matsumura & Osamu Kanda, 2005. "Mixed Oligopoly at Free Entry Markets," Journal of Economics, Springer, vol. 84(1), pages 27-48, February.
- Toshihiro Matsumura & Yoshihiro Tomaru, 2013.
"Mixed duopoly, privatization, and subsidization with excess burden of taxation,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 46(2), pages 526-554, May.
- Toshihiro Matsumura & Yoshihiro Tomaru, 2013. "Mixed duopoly, privatization, and subsidization with excess burden of taxation," Canadian Journal of Economics, Canadian Economics Association, vol. 46(2), pages 526-554, May.
- Hiroaki Ino & Toshihiro Matsumura, 2010.
"What role should public enterprises play in free-entry markets?,"
Journal of Economics, Springer, vol. 101(3), pages 213-230, November.
- Hiroaki Ino & Toshihiro Matsumura, 2009. "What role should public enterprises play in free-entry markets?," Discussion Paper Series 46, School of Economics, Kwansei Gakuin University, revised Jun 2009.
- Pal, Debashis, 1998. "Endogenous timing in a mixed oligopoly," Economics Letters, Elsevier, vol. 61(2), pages 181-185, November.
- Shoji Haruna & Rajeev K. Goel, 2017. "Output subsidies in mixed oligopoly with research spillovers," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 41(2), pages 235-256, April.
- de Fraja, Giovanni & Delbono, Flavio, 1989. "Alternative Strategies of a Public Enterprise in Oligopoly," Oxford Economic Papers, Oxford University Press, vol. 41(2), pages 302-311, April.
- Sang-Ho Lee & Toshihiro Matsumura & Susumu Sato, 2018. "An analysis of entry-then-privatization model: welfare and policy implications," Journal of Economics, Springer, vol. 123(1), pages 71-88, January.
- Matsumura, Toshihiro & Okumura, Yasunori, 2013. "Privatization neutrality theorem revisited," Economics Letters, Elsevier, vol. 118(2), pages 324-326.
- Joanna Poyago-Theotoky, 2001. "Mixed oligopoly, subsidization and the order of firms' moves: an irrelevance result," Economics Bulletin, AccessEcon, vol. 12(3), pages 1-5.
- Gelves, J. Alejandro & Heywood, John S., 2013. "Privatizing by merger: The case of an inefficient public leader," International Review of Economics & Finance, Elsevier, vol. 27(C), pages 69-79.
- Ming Hsin Lin & Toshihiro Matsumura, 2018.
"Optimal Privatisation Policy under Private Leadership in Mixed Oligopolies,"
Arthaniti: Journal of Economic Theory and Practice, , vol. 17(1), pages 1-14, June.
- Lin, Ming Hsin & Matsumura, Toshihiro, 2017. "Optimal Privatization Policy under Private Leadership in Mixed Oligopolies," MPRA Paper 79913, University Library of Munich, Germany.
- Susumu Cato & Toshihiro Matsumura, 2013. "Long-Run Effects of Tax Policies in a Mixed Market," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 69(2), pages 215-240, June.
- Yoshihiro Tomaru & Masayuki Saito, 2010. "Mixed Duopoly, Privatization And Subsidization In An Endogenous Timing Framework," Manchester School, University of Manchester, vol. 78(1), pages 41-59, January.
- Delbono, Flavio & Denicolo, Vincenzo, 1993.
"Regulating innovative activity : The role of a public firm,"
International Journal of Industrial Organization, Elsevier, vol. 11(1), pages 35-48, March.
- F. Delbono & V. Denicolo', 1991. "Regulating Innovative Activity: the Role of a Public Firm," Working Papers 117, Dipartimento Scienze Economiche, Universita' di Bologna.
- Wang, Leonard F.S. & Lee, Jen-yao, 2013. "Foreign penetration and undesirable competition," Economic Modelling, Elsevier, vol. 30(C), pages 729-732.
- Gareth Myles & Hassan Khodavaisi & Nigar Hashimzade, 2007. "An irrelevance result with differentiated goods," Economics Bulletin, AccessEcon, vol. 8(2), pages 1-7.
- Arup Bose & Debashis Pal & David E. M. Sappington, 2014.
"The impact of public ownership in the lending sector,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 47(4), pages 1282-1311, November.
- Arup Bose & Debashis Pal & David E. M. Sappington, 2014. "The impact of public ownership in the lending sector," Canadian Journal of Economics, Canadian Economics Association, vol. 47(4), pages 1282-1311, November.
- Leal, Mariel & Garcia, Arturo & Lee, Sang-Ho, 2018.
"The Timing Of Environmental Tax Policy With A Consumer-Friendly Firm,"
Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 59(1), pages 25-43, June.
- Leal, Mariel & Garcia, Arturo & Lee, Sang-Ho, 2018. "The timing of environmental tax policy with a consumer-friendly firm," MPRA Paper 85393, University Library of Munich, Germany.
- Toshihiro Matsumura & Akira Ogawa, 2010. "On The Robustness Of Private Leadership In Mixed Duopoly," Australian Economic Papers, Wiley Blackwell, vol. 49(2), pages 149-160, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Xu, Lili & Lee, Sang-Ho, 2020. "Strategic Relations between Corporate Social Responsibility and Partial Privatization Policy with Foreign Penetration," MPRA Paper 100770, University Library of Munich, Germany.
- Jiaqi Chen & Sang-Ho Lee & Timur K. Muminov, 2021.
"Welfare-reducing discriminatory output subsidies with mixed ownership and R&D,"
Economics Bulletin, AccessEcon, vol. 41(3), pages 1592-1602.
- Chen, Jiaqi & Lee, Sang-Ho & Muminov, Timur, 2020. "Mixed ownership and R&D under discriminatory output subsidies," MPRA Paper 105015, University Library of Munich, Germany.
- Cho, Sumi & Kim, Doori & Lee, Sang-Ho, 2021. "Free licensing strategy and ex post privatization in a mixed oligopoly," MPRA Paper 106126, University Library of Munich, Germany.
- Arturo Garcia & Mariel Leal & Sang-Ho Lee, 2021.
"Competitive CSR in a strategic managerial delegation game with a multiproduct corporation,"
International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 68(3), pages 301-330, September.
- Garcia, Arturo & Leal, Mariel & Lee, Sang-Ho, 2020. "Competitive CSR in a strategic managerial delegation game with a multiproduct corporation," MPRA Paper 104431, University Library of Munich, Germany, revised 2020.
- Cho, Sumi & Kim, Doori & Lee, Sang-Ho, 2022. "Free licensing strategy and ex-post privatization policy with passive ownership," Economic Modelling, Elsevier, vol. 106(C).
- Lili Xu & Fanrui Su & Sang-Ho Lee, 2023. "Strategic corporate social responsibility and partial privatization policy with foreign penetration," The Japanese Economic Review, Springer, vol. 74(2), pages 251-278, April.
- Xu, Lili & Lee, Sang-Ho, 2021. "Strategic corporate social responsibility and tariff policies: The timing of commitments and policy implications," MPRA Paper 108499, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Jiaqi Chen & Sang-Ho Lee & Timur K. Muminov, 2021.
"Welfare-reducing discriminatory output subsidies with mixed ownership and R&D,"
Economics Bulletin, AccessEcon, vol. 41(3), pages 1592-1602.
- Chen, Jiaqi & Lee, Sang-Ho & Muminov, Timur, 2020. "Mixed ownership and R&D under discriminatory output subsidies," MPRA Paper 105015, University Library of Munich, Germany.
- Lili Xu & Fanrui Su & Sang-Ho Lee, 2023. "Strategic corporate social responsibility and partial privatization policy with foreign penetration," The Japanese Economic Review, Springer, vol. 74(2), pages 251-278, April.
- Xu, Lili & Lee, Sang-Ho, 2020. "Strategic Relations between Corporate Social Responsibility and Partial Privatization Policy with Foreign Penetration," MPRA Paper 100770, University Library of Munich, Germany.
- Lee, Sang-Ho & Muminov, Timur & Chen, Jiaqi, 2019. "Timing of R&D Decisions and Output Subsidies in a Mixed Duopoly with Spillovers," MPRA Paper 91452, University Library of Munich, Germany.
- Kosuke Hirose & Toshihiro Matsumura, 2019.
"Comparing welfare and profit in quantity and price competition within Stackelberg mixed duopolies,"
Journal of Economics, Springer, vol. 126(1), pages 75-93, January.
- Hirose, Kosuke & Matsumura, Toshihiro, 2017. "Comparing Welfare and Profit in Quantity and Price Competition within Stackelberg Mixed Duopolies," MPRA Paper 77700, University Library of Munich, Germany.
- Chen, Jiaqi & Lee, Sang-Ho, 2020. "Endogenous timing game with R&D decisions and output subsidies," MPRA Paper 99503, University Library of Munich, Germany.
- Chen, Ding & Wang, Leonard F.S. & Lee, Jen-yao, 2019. "Foreign ownership, privatization and subsidization with shadow cost of public funds," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
- Yi Liu & Toshihiro Matsumura & Chenhang Zeng, 2021.
"The relationship between privatization and corporate taxation policies,"
Journal of Economics, Springer, vol. 133(1), pages 85-101, June.
- Liu, Yi & Matsumura, Toshihiro & Zeng, Chenhang, 2018. "The Relationship between Privatization and Corporate Taxation Policies," MPRA Paper 89784, University Library of Munich, Germany, revised Oct 2018.
- Xu, Lili & Lee, Sang-Ho & Matsumura, Toshihiro, 2017. "Ex-ante versus ex-post privatization policies with foreign penetration in free-entry mixed markets," International Review of Economics & Finance, Elsevier, vol. 50(C), pages 1-7.
- Sang-Ho Lee & Toshihiro Matsumura & Susumu Sato, 2018. "An analysis of entry-then-privatization model: welfare and policy implications," Journal of Economics, Springer, vol. 123(1), pages 71-88, January.
- Hiroaki Ino & Toshihiro Matsumura, 2010.
"What role should public enterprises play in free-entry markets?,"
Journal of Economics, Springer, vol. 101(3), pages 213-230, November.
- Hiroaki Ino & Toshihiro Matsumura, 2009. "What role should public enterprises play in free-entry markets?," Discussion Paper Series 46, School of Economics, Kwansei Gakuin University, revised Jun 2009.
- Haraguchi, Junichi & Matsumura, Toshihiro, 2014. "Price versus quantity in a mixed duopoly with foreign penetration," Research in Economics, Elsevier, vol. 68(4), pages 338-353.
- Lee, Sang-Ho & Muminov, Timur K. & Tomaru, Yoshihiro, 2017.
"Partial Privatization And Subsidization In A Mixed Duopoly: R&D Versus Output Subsidies,"
Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 58(2), pages 163-177, December.
- Lee, Sang-Ho & Muminov, Timur & Tomaru, Yoshihiro, 2017. "Partial Privatization and Subsidization in a Mixed Duopoly: R&D versus Output Subsidies," MPRA Paper 79778, University Library of Munich, Germany.
- Seung-Leul Kim & Sang-Ho Lee & Toshihiro Matsumura, 2019.
"Corporate social responsibility and privatization policy in a mixed oligopoly,"
Journal of Economics, Springer, vol. 128(1), pages 67-89, September.
- Kim, Seung-Leul & Lee, Sang-Ho & Matsumura, Toshihiro, 2017. "Corporate social responsibility and privatization policy in a mixed oligopoly," MPRA Paper 79780, University Library of Munich, Germany.
- Toshihiro Matsumura & Akira Ogawa, 2017.
"Inefficient but Robust Public Leadership,"
Journal of Industry, Competition and Trade, Springer, vol. 17(4), pages 387-398, December.
- Matsumura, Toshihiro & Ogawa, Akira, 2014. "Inefficient but robust public leadership," MPRA Paper 56539, University Library of Munich, Germany.
- Garcia, Arturo & Leal, Mariel & Lee, Sang-Ho, 2018. "A new irrelevance result in an endogenous timing with a consumer-friendly public firm," MPRA Paper 85648, University Library of Munich, Germany.
- Ming Hsin Lin & Toshihiro Matsumura, 2018.
"Optimal Privatisation Policy under Private Leadership in Mixed Oligopolies,"
Arthaniti: Journal of Economic Theory and Practice, , vol. 17(1), pages 1-14, June.
- Lin, Ming Hsin & Matsumura, Toshihiro, 2017. "Optimal Privatization Policy under Private Leadership in Mixed Oligopolies," MPRA Paper 79913, University Library of Munich, Germany.
- Sato, Susumu & Matsumura, Toshihiro, 2019.
"Shadow cost of public funds and privatization policies,"
The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
- Sato, Susumu & Matsumura, Toshihiro, 2017. "Shadow Cost of Public Funds and Privatization Policies," MPRA Paper 81054, University Library of Munich, Germany.
- Xu, Lili & Lee, Sang-Ho, 2018.
"Corporate Social Responsibility And Environmental Taxation With Endogenous Entry,"
Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 59(2), pages 61-82, December.
- Xu, Lili & Lee, Sang-Ho, 2018. "Corporate Social Responsibility and Environmental Taxation with Endogenous Entry," MPRA Paper 86398, University Library of Munich, Germany.
- Lin, Ming Hsin & Matsumura, Toshihiro, 2017. "Optimal Privatization and Uniform Subsidy Policies: A Synthesis," MPRA Paper 77285, University Library of Munich, Germany.
More about this item
Keywords
Free-entry mixed market; Committed policy; Non-committed policy; Output subsidy;All these keywords.
JEL classification:
- H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
- H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2019-02-04 (Business Economics)
- NEP-COM-2019-02-04 (Industrial Competition)
- NEP-PBE-2019-02-04 (Public Economics)
- NEP-PUB-2019-02-04 (Public Finance)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:91453. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.