The Studies of Privatization and Trade Policies in Taiwan

This academic book presents theoretical and
empirical analyses of economic and trade policies in
Taiwan. The first part concentrates on international
trade by developing a theoretical model of strategic
export promotion when domestic and foreign firms can
affect the policy-making by engaging in lobbying.
Lobbying not only decreases national welfare but it
also hurts the lobbying party itself. Then it
consider the implementation of antidumping laws in
Taiwan. We use a Probit analysis that allows for
selection bias to explain the actual decisions. The
results provide some evidence that is not purely
legalistic, i.e. political factors. The
second part considers the railroad in Taiwan. It has
long been dominated by a single state-owned
enterprise. As liberalization and privatisation are
considered, we estimate a detailed model of demand
for passenger between city pairs by using panel
data. This enables us to understand the ntensity of
the competition provided by other modes of
transportation and to evaluate the effectiveness of
possible strategies. Some valuable suggestions will
be provided for the railway future performance if
privatised.

Autorentext
Teng Kun WANG - Assistant Professor at National Cheng-cheng University in Taiwan. He awarded his PhD degree at University of Essex in the U.K. and honour the visiting scholar from the Department of States in the United States.

Klappentext
This academic book presents theoretical and empirical analyses of economic and trade policies in Taiwan. The first part concentrates on international trade by developing a theoretical model of strategic export promotion when domestic and foreign firms can affect the policy-making by engaging in lobbying. Lobbying not only decreases national welfare but it also hurts the lobbying party itself. Then it consider the implementation of antidumping laws in Taiwan. We use a Probit analysis that allows for selection bias to explain the actual decisions. The results provide some evidence that is not purely legalistic, i.e. political factors. The second part considers the railroad in Taiwan. It has long been dominated by a single state-owned enterprise. As liberalization and privatisation are considered, we estimate a detailed model of demand for passenger between city pairs by using panel data. This enables us to understand the ntensity of the competition provided by other modes of transportation and to evaluate the effectiveness of possible strategies. Some valuable suggestions will be provided for the railway future performance if privatised.