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Full-Text Articles in Other Economics

The Optimal Tariff, Production Lags, And Time Consistency, Harvey E. Lapan Jun 1988

The Optimal Tariff, Production Lags, And Time Consistency, Harvey E. Lapan

Economics Publications

The optimal tariff for a large country equals the reciprocal of the foreign export elasticity of supply. However, if production decisions occur before consumption decisions, the ex ante optimal tariff is not time consistent because the ex post elasticity is less than the ex ante elasticity. We show all countries are worse off if the large country cannot precommit to its ex ante optimal tariff, and that all countries can gain if the large country taxes domestic production of importables.


To Bargain Or Not To Bargain: That Is The Question, Harvey E. Lapan, Todd Sandler May 1988

To Bargain Or Not To Bargain: That Is The Question, Harvey E. Lapan, Todd Sandler

Economics Publications

We use economic analysis in a simple game-theory framework to ascertain under what circumstances a government would want to precommit itself to a no-negotiation strategy. From the government viewpoint, we examine both the choice of deterrence expenditure (i.e., expense meant to reduce terrorist logistical success during incidents) and whether to negotiate or not.


Sustainable Rates Of Return For Milk Quotas In Ontario, Giancarlo Moschini, Karl D. Meilke Mar 1988

Sustainable Rates Of Return For Milk Quotas In Ontario, Giancarlo Moschini, Karl D. Meilke

Economics Publications

This paper utilizes the capital asset pricing model, together with available econometric estimates of the cost function of Ontario dairy farms, to estimate rates of returns for three types of milk quotas. The estimated rates follow the trend of the interest rate in the economy, and the rate of return on fluid milk quota is higher than the rate of return on industrial milk quotas.


Water And The American West: Essays In Honor Of Raphael J. Moses, David H. Getches Jan 1988

Water And The American West: Essays In Honor Of Raphael J. Moses, David H. Getches

Books, Reports, and Studies

This digital resource contains only an abstract, cover image and table of contents information from the published book.

Print copy of book is available in the University of Colorado’s Wise Law Library: http://lawpac.colorado.edu/record=b131940~S0

Contents: Foreword / [David H. Getches] -- Biographical note : a tribute to a great lawyer / John M. Sayre -- To settle a new land : an historical essay on water law in Colorado and in the American West / Charles F. Wilkinson -- A global perspective on western water / Gilbert F. White -- The international problem with Mexico over the salinity of the lower Colorado River / Joseph ...


Estimating The Degree Of Market Power In The Beef Packing Industry, John R. Schroeter Jan 1988

Estimating The Degree Of Market Power In The Beef Packing Industry, John R. Schroeter

Economics Publications

A technique for assessing the degree of monopoly power, developed by Appelbaum (1979, 1982), is extended here to permit measurement of monopsony power as well. Data from the U.S. beef packing industry are examined. The results reveal small, but statistically significant monopoly/monopsony price distortions in slaughter cattle and wholesale beef markets but, in spite of a recent trend toward heightened concentration in the industry, give no indication that performance has become appreciably less competitive of late.


Do Not Dump On The Unoites, Spencer J. Pack Jan 1988

Do Not Dump On The Unoites, Spencer J. Pack

Economics Faculty Publications

No abstract provided.