STRUCTURE REGULATION, PRICE STRUCTURE, CROSS-SUBSIDIZATION AND MARGINAL COST OF PUBLIC FUNDS

MING CHUNG CHANG; HSIAO-PING PENG

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STRUCTURE REGULATION, PRICE STRUCTURE, CROSS-SUBSIDIZATION AND MARGINAL COST OF PUBLIC FUNDS

机译：公共基金的结构调整，价格结构，交叉补贴和边际成本

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In this paper we study the social desirability of the structure regulation which transforms a single multi-product monopoly into an oligopoly where the industry produces differentiated complementary goods. In particular, we pay special attention to the cross-subsidization which will be eliminated by the structure regulation. It is established that if horizontal externalities between the goods are not too strong, then the monopoly has a socially optimal price structure. In contrast, the oligopoly always distorts the price structure. We also demonstrate that the monopoly will cross-subsidize a product if and only if this product has a relatively low absolute advantage.

机译：在本文中，我们研究了结构监管的社会可取性，该结构监管将单个多产品垄断转变为寡头垄断，而该行业生产差异化的互补商品。特别是，我们特别注意交叉补贴，这种补贴将通过结构法规消除。可以确定的是，如果商品之间的横向外部性不太强，那么垄断将具有社会最优的价格结构。相反，寡头垄断总是扭曲价格结构。我们还证明，只有当该产品具有相对较低的绝对优势时，垄断才会对产品进行交叉补贴。

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《The Manchester school》 |2009年第6期|675-698|共24页
作者
MING CHUNG CHANG; HSIAO-PING PENG;
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作者单位

Graduate Institute of Industrial Economics, National Central University, Taiwan;

Yu Da College of Business, Taiwan;

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STRUCTURE REGULATION, PRICE STRUCTURE, CROSS-SUBSIDIZATION AND MARGINAL COST OF PUBLIC FUNDS

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