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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w8796 |
来源ID | Working Paper 8796 |
Quantity Controls, License Transferability, and the Level of Investment | |
Kala Krishna; Ling Hui Tan; Ram Ranjan | |
发表日期 | 2002-02-21 |
出版年 | 2002 |
语种 | 英语 |
摘要 | This paper models investment/entry decisions in a competitive industry that is subject to a quantity control on an input for production. The quantity control is implemented by auctioning licenses for the restricted input. The paper shows that liberalizing the quantity control could reduce investment in the industry under certain circumstances. Furthermore, the level of investment is quite different when licenses are tradable than when they are not. Key factors in the comparison include the elasticity of demand for the final good and the degree of input substitutability. Two examples are computed to illustrate the results. |
主题 | International Economics ; International Finance |
URL | https://www.nber.org/papers/w8796 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566403 |
推荐引用方式 GB/T 7714 | Kala Krishna,Ling Hui Tan,Ram Ranjan. Quantity Controls, License Transferability, and the Level of Investment. 2002. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w8796.pdf(174KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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