On commodity taxation in vertically differentiated markets

Article Abstract:

The effect of commodity taxation in a vertically differentiated market that is opened to outside products is analyzed. Ad valorem tax has the capacity to induce the entry of a large number of new players in industries that were once considered as natural monopolies. The increase in the unit production cost of the dominant firms will result in the reduction of their market shares. This situation permits the entry of low-priced, low-quality goods into the market.

Markets (Economics)

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Estimating tax incidence, market power and market conduct: the European cigarette industry

Article Abstract:

Research is presented concerning the development of a technique which can be used for the estimation of market conduct and power in the European cigarette industry. The level at which specific taxes should be set is discussed.

Tobacco industry, Tax incidence

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Market structures and market outcomes in deregulated rail freight markets

Article Abstract:

Research is presented concerning the relationship which exists between quantities, prices and the number of interline and single-line rail freight companies in the market place.

Freight Transportation, Economics, Research and Development in the Social Sciences and Humanities, Railroads, Acquisitions and mergers, Freight transportation industry, Deregulation

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