The governmental policy effects on renewable inputs: From the perspective of social welfare

碩士 === 國立高雄大學 === 經濟管理研究所 === 103 === This paper discusses four scenarios, autarky, open market, autarky with R&D and open market with R&D. Under the consideration of social welfare, the government may encourage final product manufacturers to adopt more secondary intermediate inputs, and set...

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Bibliographic Details
Main Authors: Guan-fu Liu, 劉冠甫
Other Authors: Yu-jen Cheng
Format: Others
Language:en_US
Published: 2015
Online Access:http://ndltd.ncl.edu.tw/handle/53097073238100158674
Description
Summary:碩士 === 國立高雄大學 === 經濟管理研究所 === 103 === This paper discusses four scenarios, autarky, open market, autarky with R&D and open market with R&D. Under the consideration of social welfare, the government may encourage final product manufacturers to adopt more secondary intermediate inputs, and set up a feasible incentive mechanism for domestic intermediate input manufacturer to improve its efficiency are important issues. We find that the domestic secondary intermediate input manufacturer not only has the ex-ante willingness to reduce production cost but also can create ex post efficiency improvement R&D performance. But there exists the paradoxical behavior on efficiency attention between the government and the domestic secondary intermediate input manufacturer. The domestic secondary intermediate input manufacturer will dedicate to pursue efficiency improvement for raising its own profit while the government is on the opposite side for the consideration of social welfare. There are two other findings. First, the social welfare effect of the percentage of using secondary intermediate input is negative in all regimes except in autarky regime. Second, the social welfare effect of tariff is positive (negative) in the open market (open market with R&D) regime.