The effects of taxation,price control and government contracts in oligopoly and monopolistic competition |
| |
| Affiliation: | 1. Physics Department, Faculty of Science, Bu-Ali Sina University, 65178, Hamedan, Iran;2. Physics Department, University of Tehran, 1439955961, Tehran, Iran;1. Universidad de Las Palmas de Gran Canaria (ULPGC), Facultad de Economía, Empresa y Turismo, Las Palmas de Gran Canaria, Spain;2. Universidad Autónoma de Madrid, Facultad de Ciencias Económicas y Empresariales, Madrid, Spain;1. Faculty of Economics and Business Administration, Fukushima University, Fukushima 960-1296, Japan;2. School of Economics, UNSW Business School, University of New South Wales, Sydney, NSW 2052, Australia |
| |
| Abstract: | Many government contracts with or policies towards oligopolistic sectors essentially involve private firms selling a given proportion (ϑ), or quantity, of output to the government at a fixed price (PR) with the remainder being sold on the open-market. Often this is combined with consumer rationing. Examples include cement and sugar in India, and health, housing and defence in many countries. The paper investigates the effects of these schemes (including sales and excise taxation) on prices, output and household welfare under oligopoly and monopolistic competition. Less government control (reduced ϑ) may raise prices and tax shifting can be above or below 100 percent. |
| |
| Keywords: | |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
