第16回研究会のお知らせ〔3月22日（金）17:00～〕
会 員 各 位
桜の開花が待ち遠しい頃となりましたが、皆様にはお変わりなくお過ごしのことと存じます。
さて下記の内容で第16回研究会を開催いたしますので、皆様、奮ってご参加いただきますよう、お願い申し上げます。
記
日 時： 3月22日(金) 17:00～18:30
場 所： 経商研究棟４A会議室
報告者：
宮岡 暁 氏 (日本学術振興会特別研究員、 関西大学)
タイトル：
“Government-Induced Production Commitment in an Open Economy” (joint with Hiroaki Ino)
Abstract:
Governments often have direct/indirect control over domestic production to develop/protect their immature domestic industries. We investigate the welfare effects of such a production-control policy when domestic firms face the free entry of foreign firms. We consider the production-control policy as the government inducing domestic firms to commit to some target output levels before the foreign entry, and compare the resulting domestic social welfare with that under an import tariff. We show that when the products are homogeneous, the production-control policy yields higher domestic welfare than any level of import tariff, even if the former policy aims to maximize domestic industry profits rather than overall domestic welfare. In the case of differentiated products, we show that the superiority of production control crucially depends on the degree of product differentiation.
Governments often have direct/indirect control over domestic production to develop/protect their immature domestic industries. We investigate the welfare effects of such a production-control policy when domestic firms face the free entry of foreign firms. We consider the production-control policy as the government inducing domestic firms to commit to some target output levels before the foreign entry, and compare the resulting domestic social welfare with that under an import tariff. We show that when the products are homogeneous, the production-control policy yields higher domestic welfare than any level of import tariff, even if the former policy aims to maximize domestic industry profits rather than overall domestic welfare. In the case of differentiated products, we show that the superiority of production control crucially depends on the degree of product differentiation.
以上