Quantity Controls, License Transferability, and the Level of Investment
收藏NBER2002-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w8796
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资源简介：
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. The paper shows that liberalizing the quantity control could reduce investment
提供机构：
美国国家经济研究局
创建时间：
2002-02-01
