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dc.contributor.authorLong, Ngo Vanen_NZ
dc.contributor.authorStähler, Franken_NZ
dc.date.available2011-04-07T03:06:15Z
dc.date.copyright2006-12-21en_NZ
dc.identifier.citationLong, N. V., & Stähler, F. (2006). Trade policy and public ownership (Economics Discussion Papers Series No. 608). University of Otago. Retrieved from http://hdl.handle.net/10523/1044en
dc.identifier.urihttp://hdl.handle.net/10523/1044
dc.descriptionJEL-Classification: F12, F13.en_NZ
dc.description.abstractThis paper discusses the influence of public ownership on trade policy instruments. We demonstrate three important invariance results. First, the degree of public ownership affects neither the level of socially optimal activities nor welfare if the government chooses optimal trade policy instruments. Second, in the case of rivalry between domestic export firms, the optimal export tax is independent of the degree of public ownership. Third, in the case of rivalry in the home market, the optimal import tariff is independent of the degree of public ownership. In this case, the optimal production subsidy decreases with public ownership if the optimal tariff is positive. For the case of Cournot rivalry in a third market, the optimal export subsidy is an increasing function of the public ownership share, while in the case of Bertrand rivalry with differentiated products, the optimal export tax is an increasing function of that parameter.en_NZ
dc.format.mimetypeapplication/pdf
dc.publisherUniversity of Otagoen_NZ
dc.relation.ispartofseriesEconomics Discussion Papers Seriesen_NZ
dc.subjectPublic ownershipen_NZ
dc.subjecttrade policyen_NZ
dc.subject.lcshHF Commerceen_NZ
dc.subject.lcshHF5601 Accountingen_NZ
dc.subject.lcshH Social Sciences (General)en_NZ
dc.subject.lcshHB Economic Theoryen_NZ
dc.titleTrade policy and public ownershipen_NZ
dc.typeDiscussion Paperen_NZ
dc.description.versionUnpublisheden_NZ
otago.bitstream.pages35en_NZ
otago.date.accession2007-02-07en_NZ
otago.schoolEconomicsen_NZ
otago.openaccessOpen
otago.place.publicationDunedin, New Zealanden_NZ
dc.identifier.eprints541en_NZ
otago.school.eprintsEconomicsen_NZ
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otago.relation.number608en_NZ
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