We consider passengers with different willingness to pay that may live in a given
geographical area and, thus, be entitled to a subsidy. The carrier has market power and may …

In this paper, we analyze the efficiency of ad valorem and specific subsidies for resident
passengers in air transport markets. A fixed discount per trip and route is always superior to …

Airfare subsidies for residents in remote tourism destinations can negatively affect the local
tourism industry. In this paper, we study the effects of airfare subsidies on a remote region's …

This paper examines marginal deviations from free trade in an asymmetric Cournot world.
We provide necessary and sufficient conditions under which:(i) small import tariffs,(ii) export …

In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of
an ad valorem tax on output for a specific (unit) tax can enhance welfare in imperfectly …

Aim To examine patterns of tax burdens produced by specific, ad valorem, and various types
of combination taxations. Method One hundred unique hypothetical alcoholic beverages …

We analyze the superiority of the specific, demand and cost ad valorem subsidies in
industrial and export policies. The criterion employed to measure the ranking of the …

This paper is the first attempt to investigate the ranking of the market concentration rate
(Herfindahl–Hirschman index) under specific, demand, and cost ad valorem subsidies. We …

This paper analyzes the welfare effects of industrial and trade policy instruments (output
subsidies or/and import tariffs) in an international Cournot oligopoly and compares the social …

In importing trade model, Cournot competition occurs between domestic semi‐public and
foreign firms in domestic market; the government implements specific/ad valorem tariff. We …