Download or read book Long-Run Industry Equilibrium Under Demand Uncertainty written by Lin-ti Tan and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper departs from previous work on the locational effects of business taxes under uncertainty by considering the attainment of long-run industry equilibrium. A general m input, planar-space production location model is adopted, and each individual firm is assumed to face random industry demand. I provide some interesting results which are contrary to those proposed by previous studies in the single-firm context and the relative impact of various business taxes.