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- W1997949166 abstract "This paper studies the relationships between technical change and welfare under a production quota regime. The conditions for producer impoverishment and quota owner impoverishment under technical change are identified. Whether the relative efficiency of a marketable quota regime is robust to the choice of technologies is also considered, as is the immiserization motive for banning a technology. The paper demonstrates that two or more technologies may exist in equilibrium and that the adoption of a technology may depend on the marketability of quota. Cet article éudie les effets du changement technique sur le bien-être économique sous un régime de quota des produits. Les conditions de l'appauvrissement du producteur et du propriétaire du quota sous le changement technique sont identifyées. Une autre considération est que l'efficacité relative d'un régime de quota où il y a un marché soil robuste aux choix de technologies, aussi bien que le but d'immiserization pour interdire une technologie. L'article démontre que deux technologies ou biens davantage peuvent exister en équilibre et que la décision d'adopter une technologie peut dépendre des debouchés du quota." @default.
- W1997949166 created "2016-06-24" @default.
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- W1997949166 date "1995-07-01" @default.
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- W1997949166 title "Quotas, Alternative Technologies and Immiserization" @default.
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- W1997949166 doi "https://doi.org/10.1111/j.1744-7976.1995.tb00118.x" @default.
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