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このアイテムへのリンクには次のURLをご利用ください: https://doi.org/10.15057/19217
このアイテムへのリンクには次のURLをご利用ください: https://hdl.handle.net/10086/19217

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Title
Privatization, Efficiency Gap, and Subsidization with Excess Taxation Burden
Creator
Creator Name
Wang F.S., Leonard Wang F.S., Leonard
Affiliation
Affiliation Name
National University of Kaohsiung
Creator Name
Chen, Tai-Liang Chen, Tai-Liang
Affiliation
Affiliation Name
State University of New York
Key Word
Privatization
Mixed Duopoly
Cost Efficiency Gap
Subsidization
Excess Taxation Burden
JEL
L13
L33
H20
Abstract
It is well recognized that the impact of subsidization/taxation policies hinges on the market structure to which they apply. We show that different degree of efficiency gain sharply changes the comparisons of optimal subsidy, total outputs and social welfare between mixed and private duopoly. What is more, for an imposition of an optimal subsidy, welfare may increase, decrease, or remain unchanged with privatization, which depends on the level of the cost efficiency gap and the taxation burden. However, it may be possible to raise welfare through privatization as long as the efficiency gain prevails or no excess taxation burden exists. Government sets higher subsidy to stimulate firms' production if the value of cost-differential is assured.
Publisher
Hitotsubashi University
Issued Date
2011-06
Language
英語(eng)
Resource Type
departmental bulletin paper（紀要論文）
Version Type
VoR
selfDOI
10.15057/19217
ISSN
0018-280x
NCID
AA00207547
Source Title
Hitotsubashi Journal of Economics
Volume Number
52
Issue Number
1
Page Start
55
Page End
68
Appears in Collections
Vol. 52, no. 1 (Jun. 2011)
URL
https://hdl.handle.net/10086/19217