Volume and share quotas in Cournot competition

Yasunori Okumura

Economic Modelling, 2015, vol. 47, issue C, 137-144

Abstract: In this paper, we theoretically discuss volume and share quotas in the market where firms engage in Cournot competition. We show the equivalence among specific taxes, and volume quotas and share quotas with respect to equilibrium quantities. By using these results, we analyze comparative statics effects of volume and share quotas. Further, we apply the results to the examination of international oligopoly models with tariffs, import volume quotas, and import share quotas. Finally, we extend the model to endogenize the set of firms and derive a non-equivalence result of volume quotas and specific taxes.

Keywords: Volume quota; Share quota; Specific tax; Cournot competition; International oligopoly; Regulation (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:47:y:2015:i:c:p:137-144

DOI: 10.1016/j.econmod.2015.02.026

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