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https://doi.org/10.21256/zhaw-28868| Publication type: | Article in scientific journal |
| Type of review: | Peer review (publication) |
| Title: | Comparison of price caps and tariffs to counter a foreign monopoly |
| Authors: | Ehrhart, Karl-Martin Schlecht, Ingmar Schmitz, Jan Wang, Runxi |
| et. al: | No |
| DOI: | 10.1016/j.econlet.2023.111128 10.21256/zhaw-28868 |
| Published in: | Economics Letters |
| Volume(Issue): | 227 |
| Issue: | 111121 |
| Issue Date: | 2023 |
| Publisher / Ed. Institution: | Elsevier |
| ISSN: | 0165-1765 1873-7374 |
| Language: | English |
| Subjects: | Monopoly regulation; Energy policy; Price cap; Tariff; Russia; European Union |
| Subject (DDC): | 337: International economics and commerce |
| Abstract: | This paper compares import tariffs and import price caps as policy measures to regulate a foreign monopolist. We show that for any positive import tariff there exists a set of price caps each of which Pareto-dominates the tariff. This result is particularly important in the case of nontransferable utilities, as in the illustrated example of the EU-Russia gas market. |
| URI: | https://digitalcollection.zhaw.ch/handle/11475/28868 |
| Fulltext version: | Accepted version |
| License (according to publishing contract): | Licence according to publishing contract |
| Restricted until: | 2025-06-30 |
| Departement: | School of Management and Law |
| Organisational Unit: | Center for Energy and Environment (CEE) |
| Appears in collections: | Publikationen School of Management and Law |
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|---|---|---|---|---|
| 2023_Ehrhart-etal_Comparison-of-price-caps-tariffs-to-counter-a-foreign-monopoly_JEL_AAM.pdf Until 2025-06-30 | Accepted Version | 122.56 kB | Adobe PDF | View/Open |
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Ehrhart, K.-M., Schlecht, I., Schmitz, J., & Wang, R. (2023). Comparison of price caps and tariffs to counter a foreign monopoly. Economics Letters, 227(111121). https://doi.org/10.1016/j.econlet.2023.111128
Ehrhart, K.-M. et al. (2023) ‘Comparison of price caps and tariffs to counter a foreign monopoly’, Economics Letters, 227(111121). Available at: https://doi.org/10.1016/j.econlet.2023.111128.
K.-M. Ehrhart, I. Schlecht, J. Schmitz, and R. Wang, “Comparison of price caps and tariffs to counter a foreign monopoly,” Economics Letters, vol. 227, no. 111121, 2023, doi: 10.1016/j.econlet.2023.111128.
EHRHART, Karl-Martin, Ingmar SCHLECHT, Jan SCHMITZ und Runxi WANG, 2023. Comparison of price caps and tariffs to counter a foreign monopoly. Economics Letters. 2023. Bd. 227, Nr. 111121. DOI 10.1016/j.econlet.2023.111128
Ehrhart, Karl-Martin, Ingmar Schlecht, Jan Schmitz, and Runxi Wang. 2023. “Comparison of Price Caps and Tariffs to Counter a Foreign Monopoly.” Economics Letters 227 (111121). https://doi.org/10.1016/j.econlet.2023.111128.
Ehrhart, Karl-Martin, et al. “Comparison of Price Caps and Tariffs to Counter a Foreign Monopoly.” Economics Letters, vol. 227, no. 111121, 2023, https://doi.org/10.1016/j.econlet.2023.111128.
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