Quantity Controls, License Transferability, and the Level of Investment /
This paper models investment/entry decisions in a competitive industry that is subject to a quantity control on an input for production. The quantity control is implemented by auctioning licenses for the restricted input (e.g., a pollution permit or a production license). The paper shows that libera...
| 第一著者: | |
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| その他の著者: | , |
| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2001.
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| シリーズ: | IMF Working Papers; Working Paper ;
No. 2001/206 |
| オンライン･アクセス: | Full text available on IMF |