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Lingnan University

Efficiency

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關於中國建立反壟斷法體系的幾個基本問題 = Some Basic Issues About Establishing An Anti-Monopoly System In China, Ping Lin Oct 2005

關於中國建立反壟斷法體系的幾個基本問題 = Some Basic Issues About Establishing An Anti-Monopoly System In China, Ping Lin

CAPS Working Paper Series

中國的競爭法及其研究一直強調公平和社會正義,利用市場機制達到社會資源最優配置這一效率目標未受到應有的重視。中國應充分發揮經濟學在競爭法立法和執法方面的作用。競爭法保護的是競爭機制,而不是競爭者。中國應當儘快建立真正符合競爭政策精神的思維方式,擯棄與“看不見的手”不相符的辭彙和邏輯。在中國經濟日益融入世界經濟體系的過程中,競爭政策不應作爲保護和扶持國內企業,限制國外競爭者的工具, 競爭政策不是産業政策的替代品。中國政府應充分尊重市場機制,建立和展示對市場機制的信任,讓競爭發揮調節經濟活動的作用。建立獨立的有單一職責的反壟斷執法機構不僅是消除行政壟斷的必要,也是保證競爭法的實施不受産業政策左右的重要條件。

In contrary to the spirit of modern competition policy, China has been emphasizing almost solely the fairness and social justice aspects of antitrust. The objective achieving efficient allocation of resources has yet to be incorporated explicitly into China’s competition laws. China should make full use of economics principles in drafting and implementing its competition policy. Competition laws protect competition, rather than competitors. China should abandon the vocabulary and logics that are incompatible with the “invisible hand” doctrine, and establish ways of thinking of modern competition policy. Competition policy is no substitute for industrial policy, and should not be …


Wage Subsidies As A Labour Market Policy Tool, Lok Sang Ho Jan 1996

Wage Subsidies As A Labour Market Policy Tool, Lok Sang Ho

Centre for Public Policy Studies : CPPS Working Paper Series

In this paper, the author argues that the wage subsidy is a valuable policy tool in the face of structural changes such as would result from the removal of tariffs, or in the face of a need to assist the disadvantaged or redress distributional inequity. After discussing wage subsidies that target at specific segments of the population, which has the potential to improve both static and dynamic efficiency, the author goes on to discuss and contrast his universal wage subsidy proposal with the negative income tax and the minimum wage legislation, all of which are designed mainly for distributional purposes.