7,649 research outputs found
The Comparison between Ad Valorem and Unit Taxes under Monopolistic Competition
This paper shows that the welfare dominance of ad valorem over unit taxes under imperfect competition, extends to the Dixit-Stiglitz framework with differentiated products, entry and love of variety. This contrasts against findings by Anderson et al. (J Public Econ, 2001) made in a similar framework, but under Bertrand competition.Unit tax; Specific tax; Ad valorem tax; Welfare
Cartel Stability and Economic Integration
This paper investigates the effect of economic integration on the ability of firms to maintain a collusive understanding about staying out of each other's markets. The paper distinguishes among different types of trade costs: ad valorem, unit, fixed. It is shown that for a sufficient reduction of ad valorem trade costs, a cartel supported by collusion on either quantities or prices will be weakened, thus integration is pro-competitive. If integration consists of a reductions in unit (fixed) trade costs a price setting cartel is strengthened (unaffected), while a quantity setting one is weakened.Collusive behavior; Trade liberalisation; Specific tariffs; Market access cost
Determination of nitrogen in titanium nitride
Quantitative determination of nitrogen in titanium nitride involves dissolution of TiN in 10M hydrofluoric acid containing an oxidant. Released nitrogen is determined as ammonia. Best oxidizers are ferric chloride, potassium iodate, and potassium dichromate
Radiation-induced nickel deposits
Low cost, photographic process uses surface coating of nickel hypophosphite sensitive to X-rays and electron radiation. Exposed coated surface can be amplified to produce permanent visible image of wide tonal gradation in grays. Coating may be sodium, ammonium, or lithium hypophosphite or sodium phosphite, with nickel supplied in developer
Production of metals and compounds by radiation chemistry
Preparation of metals and compounds by radiation induced chemical reactions involves irradiation of metal salt solutions with high energy electrons. This technique offers a method for the preparation of high purity metals with minimum contamination from the container material or the cover gas
Corrective Ad Valorem and Unit Taxes: A Welfare Comparison
The ad valorem versus unit taxes debate has traditionally emphasized tax yield. For this criterion, ad valorem taxes outperform unit taxes in terms of welfare for a wide range of imperfect competition settings, including Dixit-Stiglitz monopolistic competition. Yet, in a number of policy fields, such as environmental, health or trade economics, policy makers apply taxes to target the production/consumption volume in an industry, i.e. aim at a certain corrective effect rather than tax yield. This paper compares the two tax instruments with respect to equal corrective-effect in a Dixit-Stiglitz setting with love of variety, entry, exit, and redistribution of tax revenues. We find that unit taxes lead to more firms in the industry, less output per firm, less tax revenue, but higher welfare compared to ad valorem taxes.Externalities; Monopolistic competition; Taxes; Specific taxes; Welfare
Competition and Innovation in a Technology Setting Software Duopoly
Recently the software industry has experienced fundamental changes in market structure through the entry of open source competitors, e.g. Linux's entry into the operating systems market. In a simple model we examine the effects of such a change in market structure from monopoly to duopoly under the assumption that software producers compete in technology rather than price or quantities. The model includes the presence of technological progress and menu costs of adjusting existing software, i.e. innovation. It is found that: (i) moving from monopoly to duopoly does increase the technology level set by firms in the software industry; (ii) a duopoly adjusts more readily to global technological progress than a monopolist. Furthermore, results are presented comparing open source versus for-profit firms in terms of technology levels and innovation.open source software, strategic interaction, duopoly, menu costs
International migration with heterogeneous agents : theory and evidence
"Two puzzling facts of international migration are that only a small share of a sending country's population emigrates and that net migration rates tend to cease over time. This paper addresses these issues in a migration model with heterogeneous agents that features temporary migration. In equilibrium a positive relation exists between the stock of migrants and the income differential, while the net migration flow becomes zero. Consequently, empirical migration models, estimating net migration flows instead of stocks, may be misspecified. This suspicion appears to be confirmed by our empirical investigation of cointegration relationships of flow and stock migration models." (Author's abstract, IAB-Doku) ((en))Herkunftsland, internationale Wanderung - Modell, Wanderungspotenzial, Wanderungsstatistik, Mobilitätsbereitschaft - Determinanten, regionale Mobilität, Einkommensunterschied, Einwanderungsland, Rückwanderung, Rückwanderungsbereitschaft, Aufenthaltsdauer, Migrationstheorie, Stromgrößenanalyse, ökonomische Faktoren, Wanderungsmotivation, Mobilitätsforschung, Europäische Union, Welt
How to Turn an Industry Green: Taxes versus Subsidies
Environmental policies frequently target the ratio of dirty to green output within the same industry. To achieve such targets the green sector may be subsidised or the dirty sector be taxed. This paper shows that in a monopolistic competition setting the two policy instruments have different welfare effects. For a strong green policy (a severe reduction of the dirty sector) a tax is the dominant instrument. For moderate policy targets, a subsidy will be superior (inferior) if the initial situation features a large (small) share of dirty output. These findings have implications for policies such as the Californian Zero Emission Bill or the EU Action Plan for Renewable Energy Sources.Environmental policy; Monopolistic competition; Taxes; Subsidies; Welfare; Zero Emission Bill
Bug-Fixing and Code-Writing: The Private Provision of Open Source Software
Open source software (OSS) is a public good. A self-interested individual would consider providing such software, if the benefits he gained from having it justified the cost of programming. Nevertheless each agent is tempted to free ride and wait for others to develop the software instead. This problem is modelled as a war of attrition with complete information, job signaling, repeated contribution to the public good and uncertainty in programming. The resulting game does not feature any delay: software will be provided swiftly, by young, low-cost individuals who gain considerably by signaling their programming skills; the startup (and collapse) of an OSS project displays bandwagon dynamics.open source software, war of attrition, public goods
- …