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Industrial Policy and National Welfare in The Presence of Monopoly
Oleh:
Lahiri, Sajal
;
Ono, Yoshiyasu
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
JAPAN AND THE WORLD ECONOMY vol. 6 no. 1 (1994)
,
page 61-74.
Topik:
NATIONAL WELFARE
;
industrial policy
;
national welfare
;
presence of monopoly
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ47.4
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The effect on national welfare of technical progress in different sectors are investigated in the presence of monopoly. Technical progress in the monopoly sector always benefits a country even if it increases the markup rate of the monopolist and enlarges the monopoly sector. Technical progress in a competitive sector can be less beneficial than that in the monopoly sector. It can even reduce welfare though it lowers the markup rate of the monopolist. Welfare implications of production subsidies and tariffs are also examined in this context.
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