China’s energy market reform is characterized by “asymmetry” as a result of the transition from planned economy to economy, leading typical distortions in prices. Using panel data 30 Chinese provinces during 2006–2018, this paper examines impact price fossil sources (coal, oil, and natural gas) well renewable on economic growth carbon emissions. The results show that coal distortion highest amo...

the growing trend of the globalization process and how to deal with this phenomenon has become a major challenge for countries around the world in general and the developing countries in particular. the knowledge of comparative advantages and disadvantages of the home industries could be of great help to the countries trying to join the world trade organization (wto). in this article an attempt...

This paper examines the equilibrium price effects of the privatization of housing assets that were previously owned and allocated by the state. I develop a theoretical framework that shows that privatization can have ambiguous effects on prices in the private market, and that the degree of misallocation of the assets prior to privatization determines the subsequent price effects. I test the pre...

Market distortions in global trade occur when a govern­ ment creates policies that increase or lower prices of imported and /or exported goods. When prices are distorted, consumers pay either less or more than they would have if the price-altering policies were not in place. In agricultural and food mar­ kets, governments tend to create pricealtering trade policies especially when global agricu...

THE PURPOSE of this paper is to bring to the attention of a larger, nonspecialized audience a possible change in policy that may have wide and costly ramifications: deregulation of natural gas prices. There is some value in making even rough "guesstimates" of the economic implications of price deregulation because of the general bias that both economists and businessmen have in favor of deregul...

Distortions are ubiquitous in nature. Under perturbations such as stresses, fields or other changes, a physical system reconfigures by following a path from one state to another; this path, often a collection of atomic trajectories, describes a distortion. Here we introduce an antisymmetry operation called distortion reversal that reverses a distortion pathway. The symmetry of a distortion path...

This paper studies competition in price-quality menus within the context of a horizontally differentiated duopoly, where each firm also operates in a local, monopolistic market. It is assumed that the consumer’s unobservable valuation for quality is determined by the nature of his preferences over brand product characteristics. I show that if competition between the two firms is sufficiently fi...

A conventional assumption of product homogeneity when the commodity of interest is actually heterogeneous will lead to errors in an analysis of the incidence of policies, such as taxes. In this article, an equilibrium displacement model is used to derive analytical solutions for price, quantity, and quality effects of ad valorem and per unit taxes. The results show how parameters determine the ...