全球智库信息集成服务系统(G2TT): The Welfare Effect of a Consumer Subsidy with Price Ceilings: The Case of Chinese Cell Phones

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w28659
来源ID	Working Paper 28659
	The Welfare Effect of a Consumer Subsidy with Price Ceilings: The Case of Chinese Cell Phones
	Ying Fan; Ge Zhang
发表日期	2021-04-12
出版年	2021
语种	英语
摘要	Subsidies to consumers may cause firms to charge higher prices, which offsets consumer benefits from subsidies. We study a subsidy program design that mitigates such price increases by making products' eligibility for a subsidy dependent on firms' commitment to price ceilings. To quantify the importance of such competition for eligibility, we develop a structural model and an estimation procedure that accommodate binding pricing constraints. We find that competition for eligibility mitigates the price increases arising from the subsidy and even leads to a reduction in prices for some products. It improves consumer and total surpluses while limiting government subsidy payments.
主题	Microeconomics ; Market Structure and Distribution ; Public Economics ; Taxation ; Industrial Organization ; Market Structure and Firm Performance
URL	https://www.nber.org/papers/w28659
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/586333
推荐引用方式 GB/T 7714	Ying Fan,Ge Zhang. The Welfare Effect of a Consumer Subsidy with Price Ceilings: The Case of Chinese Cell Phones. 2021.