Hong Hwang

Publication List Details

Period

1985 - 1985

Number

39

Co-Authors

Import Tariff Upstream Versus Export Tax Downstream: Are They Welfare Equivalent?

Hisashi Hokari, Hong Hwang, Hiroshi Ohta

Along the lines of the strategic trade policy inquiry under vertical structures we show that two rival governments may select different rates of export subsidies and imprt tariffs respectively upon...

Import tariff upstream versus export tax downstream: are they welfare equivalent?

Hisashi Hokari, Hong Hwang, Hiroshi Ohta

Along the lines of the strategic trade policy inquiry under vertical structures we show that two rival governments may select different rates of export subsidies and import tariffs respectively upon...

Intra-Industry Trade and Oligopoly: A Conjectural Variations Approach

Hong Hwang

This paper considers the welfare aspects of intra-industry trade with oligopolistic firms. The usual Cournot assumption about the behaviour of firms is relaxed, and a more general conjectural...

Oligopoly and the Ranking of Optimal and Maximum Revenue Tariffs

Hong Hwang

This paper examines whether national optimal tariffs exceed maximum revenue tariffs and whether free trade is superior to tariff protection when markets are oligopolistic. Contrary to the results for...

On the Equivalence of Tariffs and Quotas under a Revenue Constraint

Jiunn-Rong Chiou, Hong Hwang, Yan-Shu Lin

This paper sets out a duopolistic model to examine the price and welfare equivalence of tariffs and quotas, given the quota rent is equal to the tariff revenue. It shows that the domestic welfare...

Price, Profit and Market Share Effects of Tariffs, Volume Quotas and Ratio Quotas.

Hwang, Hong, Liu, Jung-Chao, Mai, Chao-Cheng

This paper uses a dominant-firm, price-leadership model to compare the equilibrium prices, profits, and market shares under a tariff, a volume quota, and a ratio quota. It will be shown that in...

ALTERNATIVE OPTIMAL TRADE POLICIES IN THE PRESENCE OF FOREIGN INPUT MONOPOLY

Hong Hwang, Yan-shu Lin, Chao-cheng Mai

This paper develops a generalized three-country model with downstream and upstream industries to analyze optimal import and export trade policies in the presence of monopoly distortion in a foreign...

The Effects of Pollution Taxes on Urban Areas with an Endogenous Plant Location

Hong Hwang, Chao-Cheng Mai

This paper has integrated space into the effect of a direct pollution control on the pollution damage of heavily populated areas like CBD. This integration gives us some new insights into the...

Optimal Trade Policies and Production Technology in Vertically Related Markets *

Hong Hwang, Yan-Shu Lin, Ya-Po Yang

This paper shows that optimal trade policies for vertically related markets depend crucially on production technology. By employing a production function with variable-coefficient technology, it...

Why Voluntary Export Restraints Are Voluntary: An Extension.

Chao-Cheng Mai, Hong Hwang

This paper presents a conjectural variation approach to examine the conditions under which voluntary export restraints are voluntary. Th e authors have shown that the value of the conjectural...

On the Production Efficiency of a Location-Regulated Firm.

Hong Hwang, Chao-Cheng Mai

This paper evaluates the effect of location regulation on a monopolist's output and examines the desirability of such regulation. It is shown that a location regulation can increase the output if the...

Optimum Discriminatory Tariffs under Oligopolistic Competition.

Hong Hwang, Chao-Cheng Mai

This paper attempts to present a simple Cournot model to determine the optimal discriminatory tariff rates, when the international market is a homogeneous (heterogeneous) product market. In the...

Coupons and price discrimination in vertically-correlated markets

Jin-Li Hu, Yu-Hsiu Chiou, Hong Hwang

This research analyzes the non-cooperative and cooperative strategies with respect to manufacturer and retailer coupons. In a model with one manufacturer selling its product to one retailer, it is...

Technological Upgrading under Tariffs and Equivalent Quotas *

Jiunn-rong Chiou, Hong Hwang, Chao-cheng Mai

This paper compares the effect of tariffs and that of equivalent quotas on the domestic firm's production technology choice when it competes with a foreign firm in the domestic market. It is shown...

The Tariff-Jumping Argument and Location Theory.

Hwang, Hong, Mai, Chao-cheng

When examining the tariff-jumping effect, the literature emphasizes the cost-induced effect, which states that a foreign firm has an incentive to jump over the tariff wall in order to locate in a...

Optimal Tariffs with Endogenous Production Location.

Mai, Chao-Cheng, Hwang, Hong

This paper attempts to examine how the inclusion of economic space affects trade policies and to make a comparison between optimal tariffs with endogenous location and those with exogenous location....

On the optimal production and location of a labor-managed firm

Hong Hwang, Chao-cheng Mai, Yan-Shu Lin

This paper endeavors to introduce space into the theory of the Labor-Managed firm (LMF) and to investigate its optimal production and location decisions. It is shown that the degree of returns to...

A Simple Model of the Choice of Transport Mode and Plant Location.

Hwang, Hong, Mai, Chao-cheng

This paper tries to ascertain whether or not the profit- maximizing transport mode will be different from the welfare- maximizing one, and investigates the impact of endogenizing the choice of...

Optimal Trade Policy under Homogeneous Bertrand Competition *

Hong Hwang, Chao-Cheng Mai, Ya-Po Yang

In a seminal paper, Eaton and Grossman (1986) conclude that an export tax is optimal if firms produce heterogeneous products and engage in Bertrand price competition. In particular, they made a...

Optimal Export Taxes with an Endogenous Location

Hong Hwang, Chao-cheng Mai

Export tax policy is one of the most debated issues in many developing countries. Those countries with strong natural advantages in the production of primary commodities, such as agricultural and...