研討日期 |
2024年10月28日12:10-13:50 |
研討地點 |
國立臺灣大學社會科學院710會議室 |
主講題目 Title of the paper |
Optimal
tariffs with endogenous vertical structure: Uniform versus discriminatory
tariffs |
作者 Authors of the paper |
Ki-Dong
Lee, Kangsik Choi |
文獻出處 Journal, vol.(issue), pp |
Mathematical
Social Sciences Volume
124, July 2023, Pages 35-50 |
主講人 |
林燕淑 |
參加人員 |
黃鴻、林燕淑、施姵全、許至乙、王光正、高國峯、彭正浩、王羿傑、 Bui Dang-Long、Ayu Sasni Munte、Micah Mainala、Anggoro Prihandoko、 Bastien Latour、楊雅堂、洪睿翔 |
摘要 Abstract of the Paper |
Using
the export-rivalry model, we examine the welfare impact of two tariff regimes
when firms’ vertical structure is endogenously determined via the strategic
behavior of each firm. First, with discriminatory tariffs, if the degree of
imperfect substitutability is sufficiently low, the rent-shifting effects of
vertical separation becomes less important and firms chooses vertical
integration to enjoy lower tariffs, and vice versa if the degree of imperfect
substitutability is sufficiently high. However, an asymmetrical vertical
structure, i.e., low (high)-cost firm chooses vertical separation
(integration), emerges only in the uniform tariffs. Thus, the existence of
firms’ diverse vertical structure between tariff systems can arise. Second,
although firms are better off if they choose vertical separation, each firm
chooses vertical integration in the discriminatory tariffs (i.e., prisoners’
dilemma). Third, if firms choose vertical integration in the discriminatory
tariffs but vertical separation in the uniform ones, they prefer the uniform
tariffs as far as cost differential between firms is not large; and the
global welfare is greater in the discriminatory than in the uniform tariffs. |