<ARTICLE>International Market Rivalry between Labor-Managed and Capitalistic Firms : The Effects of the Export Subsidy

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概要

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• In this paper, we extend the Brander-Spencer model to the two variable factor labor-managed economy model, examine the effect of the export subsidy on the country's output and welfare and compare the optimal subsidy level of the labor-managed economy with that of the profit-maximizing capitalistic economy. In our model, the production structure (the degree of scale economy) of the domestic labor-managed firm is significant for the effectiveness of export subsidies by the domestic government. That is quite different from the results of not only the Brander & Spencer model but also the Mai & Hwang case which investigates the effect of export subsidies under a labor-managed economy with one variable factor.

• 関西学院大学の論文

著者

• Hirose Kenzo

  School Of Business Administration Kwansei Gakuin University

関連論文

• Effect of the Great Hanshin-Awaji Earthquake on Foreign Trade from the Port of Kobe(THE GREAT HANSHIN-AWAJI EARTHQUAKE)
• International Market Rivalry between Labor-Managed and Capitalistic Firms : The Effects of the Export Subsidy
• Effect of the Great Hanshin-Awaji Earthquake on Foreign Trade from the Port of Kobe
• Variable Returns to Scale and Labor-Managed Firms under Monopoly

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