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- W1973744375 abstract "The interplay of time-non-separable (TNS) utility and non-competitive market structure gives rise to a time-consistency issue that changes the optimal export policy prescription vis-à-vis what would obtain in either a time-separable utility setting or in a TNS setting in which firms could credibly commit to a path of output. In particular, in the time-consistent equilibrium both the traditional terms-of-trade exploitation motive for an export tax and the profit-shifting strategic-trade analysis motive for an export subsidy coexist, and the optimal policy prescription depends critically on demand and cost parameters." @default.
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- W1973744375 date "2007-12-01" @default.
- W1973744375 modified "2023-09-27" @default.
- W1973744375 title "The Time-Consistent Optimal Export Policy, Market Structure, and Time-Non-Separable Preferences" @default.
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- W1973744375 doi "https://doi.org/10.1080/16081625.2007.9720802" @default.
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