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ID:51443897
大小:128.50 KB
页数:13页
时间:2020-03-22
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1、GovernmentregulationGovernmentRegulation,alsocalledgovernmentcontrol,referstothebehaviorthatgovernmentsectorsexertdirectimpactonenterprisesandindividualsaccordingtolawsandregulations.Governmentregulationcanbedividedintoeconomicregulationandsocialregulation.I.Toolsandaimsofgovernmentregulation
2、(1)Toolsofentryregulation--Prohibition:prohibitthespecificeconomicsubjectfromengagingincertainactivities.--Licensing:allowthespecificeconomicsubjecttoengageincertainactivities.(2)Toolsofpriceregulation--Limitthemaximumprice:prevententerprisesfromseekingformonopolisticprofitsortheamountofconsu
3、mptionfromincreasingexcessively;--Providesubsidies;--Andprotectpatents.(3)Toolsofquantityregulation--Examineandapproveinvestments;--Limityields.(4)Toolsofqualityregulation--Issuecriterions;--Provideinformation;2.Aimsofgovernmentregulation(1)PublicinterestneedThegovernmentimplementsregulations
4、inordertosafeguardtheinterestofthepublic.(2)SectionalinterestneedIt’stheregulatedthaturgethegovernmenttoimplementregulationsundermanycircumstances.Thedecision-maker(legislativesector)andtheexecutor(administrativesector)willbecontrolledbytheregulated(monopolisticfirms).It’scalledCaptureTheoryo
5、fRegulation.II.Regulationandderegulation1.Regulationfields(1)IndustriesofnaturalmonopolyRegulationsofindustriesofnaturalmonopolyareaimedattheguaranteeofproductiveefficiencyandallocativeefficiency.(2)FieldsofinformationasymmetryReducepeople’scostsofsearchingforinformationbyregulations.(3)Field
6、sofpublicresourcescarcityIfscarcepublicresourcesaren’twellprotected,thentheywillbeabusedand“thetragedyofthecommons”willappear.2.Reasonsforderegulation(1)RedefinitionofnaturalmonopolyWhethercostequationsoffirmshavethesubadditivity.Whencostequationshavethesubadditivity,itisthestrongnaturalmonop
7、olyandneedsregulationiftheaveragecostofasinglefirmdecreases;itcanbederegulated(competitionsmaybeintroduced)iftheaveragecostofasinglefirmincreases.(2)OverhighregulationcostLegislativecost,costofsearchingforinformationandcostofimplementingregul
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