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A neglected welfare cost of monopoly--and most other product market distortions

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  • Browning, Edgar K.

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  • Browning, Edgar K., 1997. "A neglected welfare cost of monopoly--and most other product market distortions," Journal of Public Economics, Elsevier, vol. 66(1), pages 127-144, October.
    • Handle: RePEc:eee:pubeco:v:66:y:1997:i:1:p:127-144
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    1. Lawrence H. Goulder, 1994. "Environmental Taxation and the "Double Dividend:" A Reader's Guide," NBER Working Papers 4896, National Bureau of Economic Research, Inc.
    2. Gisser, Micha, 1986. "Price Leadership and Welfare Losses in U.S. Manufacturing," American Economic Review, American Economic Association, vol. 76(4), pages 756-767, September.
    3. Bovenberg, A Lans & Goulder, Lawrence H, 1996. "Optimal Environmental Taxation in the Presence of Other Taxes: General-Equilibrium Analyses," American Economic Review, American Economic Association, vol. 86(4), pages 985-1000, September.
    4. de Bovenberg, A Lans & Mooij, Ruud A, 1994. "Environmental Levies and Distortionary Taxation," American Economic Review, American Economic Association, vol. 84(4), pages 1085-1089, September.
    5. Browning, Edgar K., 1994. "The non-tax wedge," Journal of Public Economics, Elsevier, vol. 53(3), pages 419-433, March.
    6. Browning, Edgar K, 1987. "On the Marginal Welfare Cost of Taxation," American Economic Review, American Economic Association, vol. 77(1), pages 11-23, March.
    7. Gisser, Micha, 1989. "Price Leadership and Welfare Losses in U.S. Manufacturing: Reply," American Economic Review, American Economic Association, vol. 79(3), pages 610-613, June.
    8. Bergson, Abram, 1973. "On Monopoly Welfare Losses," American Economic Review, American Economic Association, vol. 63(5), pages 853-870, December.
    9. Worcester, Dean A, Jr, 1975. "On Monopoly Welfare Losses: Comment," American Economic Review, American Economic Association, vol. 65(5), pages 1015-1023, December.
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    Cited by:

    1. Parry, Ian W.H. & Oates, Wallace E., 1998. "Policy Analysis in a Second-Best World," Discussion Papers 10687, Resources for the Future.
    2. Erin T. Mansur, 2007. "Prices vs. Quantities: Environmental Regulation and Imperfect Competition," NBER Working Papers 13510, National Bureau of Economic Research, Inc.
    3. Ian W.H. Parry & Roberton C. Williams III & Lawrence H. Goulder, 2002. "When Can Carbon Abatement Policies Increase Welfare? The Fundamental Role of Distorted Factor Markets," Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 25, pages 471-503, Edward Elgar Publishing.
    4. Parry, Ian W.H., 2005. "Comparing the welfare effects of public and private health care subsidies in the United Kingdom," Journal of Health Economics, Elsevier, vol. 24(6), pages 1191-1209, November.
    5. Fullerton, Don & Metcalf, Gilbert E., 2002. "Cap and trade policies in the presence of monopoly and distortionary taxation," Resource and Energy Economics, Elsevier, vol. 24(4), pages 327-347, November.
    6. Parry, Ian W.H., 2001. "How Should Metropolitan Washington, DC, Finance Its Transportation Deficit?," Discussion Papers 10552, Resources for the Future.
    7. Wang, Qiang & Chen, Xi, 2012. "China's electricity market-oriented reform: From an absolute to a relative monopoly," Energy Policy, Elsevier, vol. 51(C), pages 143-148.
    8. Ian W. H. Parry & Antonio Bento, 2001. "Revenue Recycling and the Welfare Effects of Road Pricing," Scandinavian Journal of Economics, Wiley Blackwell, vol. 103(4), pages 645-671, December.
    9. Ian Parry, 2001. "The Costs of Restrictive Trade Policies in the Presence of Factor Tax Distortions," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 8(2), pages 147-170, March.
    10. Theodore M. Mitrakos & Georgios Th Simigiannis & Panagiota G. Tzamourani, 2005. "Indebtedness of Greek households: evidence from a survey," Economic Bulletin, Bank of Greece, issue 25, pages 13-35, AUgust.
    11. Ian W.H. Parry, 1999. "Agricultural Policies in the Presence of Distorting Taxes," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(1), pages 212-230.
    12. Parry, Ian W. H. & Williams III, Roberton C., 1999. "A second-best evaluation of eight policy instruments to reduce carbon emissions," Resource and Energy Economics, Elsevier, vol. 21(3-4), pages 347-373, August.
    13. Haucap, Justus & Schwalbe, Ulrich, 2011. "Economic principles of state aid control," DICE Discussion Papers 17, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    14. de Gorter, Harry, 2008. "Explaining Inefficient Policy Instruments," Agricultural Distortions Working Paper Series 48638, World Bank.
    15. Sarah E. West & Roberton C. Williams III, 2004. "Empirical Estimates for Environmental Policy Making in a Second- Best Setting," Public Economics 0402005, University Library of Munich, Germany.
    16. Gumus, Erdal, 2006. "The Social Costs of Monopoly: A Survey And An Evaluation," MPRA Paper 42107, University Library of Munich, Germany.
    17. West, Sarah E. & Williams III, Roberton C., 2007. "Optimal taxation and cross-price effects on labor supply: Estimates of the optimal gas tax," Journal of Public Economics, Elsevier, vol. 91(3-4), pages 593-617, April.
    18. Li-Yu Tseng & Tian-Shyug Lee, 2011. "Can High-Tech Companies Enhance Employee Task Performance through Organizational Commitment?," International Journal of Business Administration, International Journal of Business Administration, Sciedu Press, vol. 2(2), pages 94-113, May.
    19. Parry, Ian, 2000. "Comparing the Marginal Excess Burden of Labor, Gasoline, Cigarette and Alcohol Taxes: An Application to the United Kingdom," RFF Working Paper Series dp-00-33-rev, Resources for the Future.
    20. Jan Sviták & Jarig Sinderen, 2018. "Economic Impact of Competition Policy: A Look Beyond Consumer Surplus," De Economist, Springer, vol. 166(1), pages 23-40, March.

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