Optimal Trade Policies and Production Technology in Vertically Related Markets

被引：14
|
作者：
Hwang, Hong [1 ]
Lin, Yan-Shu [2 ]
Yang, Ya-Po [3 ]
机构：
[1] Natl Taiwan Univ, Taipei 100, Taiwan
[2] Natl Dong Hwa Univ, Shoufeng 97401, Hualien, Taiwan
[3] So Taiwan Univ Technol, Dept Int Business, Tainan 71005, Taiwan
来源：
REVIEW OF INTERNATIONAL ECONOMICS | 2007年 / 15卷 / 04期
关键词：
D O I：
10.1111/j.1467-9396.2007.00669.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper shows that optimal trade policies for vertically related markets depend crucially on production technology. By employing a production function with variable-coefficient technology, it shows that return to scale is crucial in determining the direction of government intervention. Therefore, the assumption of fixed-coefficient production technologies, which has been popular in industrial organization and trade literature when modeling vertically related markets, should be used with caution.
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页码：823 / 835
页数：13
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