G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w8796
来源IDWorking 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
URLhttps://www.nber.org/papers/w8796
来源智库National Bureau of Economic Research (United States)
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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.
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