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...
| Tác giả chính: | |
|---|---|
| Tác giả khác: | , |
| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2001.
|
| Loạt: | IMF Working Papers; Working Paper ;
No. 2001/206 |
| Truy cập trực tuyến: | Full text available on IMF |