Intertemporal preferences, imperfect competition and effective fiscal intervention

Article Abstract:

Imperfections in a market for goods can cause the equilibrium level of output to be below its corresponding Walrasian level. When that happens, an exogenous demand stimulus can increase employment and output, if preferences of households show substitution related to leisure in the present and consumption in the future. Effective fiscal intervention by the government can be arranged.

Models, Fiscal policy, Consumer preferences, Monopolistic competition, Substitution (Economics)

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Effective protection in the presence of joint production

Article Abstract:

Research is presented concerning an analysis of the techniques used to measure the influence of joint production on effective protective rates. The mixed production of non-tradables and tradables are discussed.

Production & Business Activity, Research, Management, Economic research, Protectionism, Production control, Input-output analysis

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Protection and Import-Competing Product Selection in a Multi-Product Industry

Article Abstract:

The influence of protection on an import competing firm is examined. The optimal domestic production policy for government policy is determined. The form and the amount of govermnent assistance is important.

International trade, Free trade

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