Yusoff, Wan Sulaiman Wan - In: IIUM Journal of Economics and Management 7 (1999) 2, pp. 51-72
This paper proposes an indirect method to the "Rate of Return Regulation" (ROR) or "Cost Based Regulation," by imposing ROR on monopoly firms through tax instruments, i.e., ad-valorem tax and consumption tax. The main objective in undertaking this theoretical study of industrial economics is to...