Optimal number of privatised products in a differentiated mixed oligopoly with free market entry
Optimal number of privatised products in a differentiated mixed oligopoly with free market entry
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自由市场准入的差异化混合寡头垄断中私有化产品的最佳数量
DOI:
10.1111/1467-8454.12223
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发表时间:
2020
影响因子:
1.9
通讯作者:
Kawasaki Akio
中科院分区:
文献类型:
--
作者:
Tanaka Katsuyuki;Higashide Takuo;Kinkyo Takuji;Hamori Shigeyuki;宇仁宏幸・藤田真哉・北川亘太;Ayako Saiki;道田 悦代;Yuka Takeda;Kawasaki Akio
This study investigates how a privatisation policy affects long‐run market equilibrium when a public firm produces multiple products. It contributes to the literature by (a) examining the long‐run effect of a privatisation policy on a multi‐product public firm and (b) investigating whether the market is characterised by excess or insufficient entry when in long‐run equilibrium. This study assumes that there is a multi‐product public firm and potential private firm entrants that produce one product in the economy. The public firm can privatise some production sectors, the privatised firm produces only one product, and the potential entrant private firm can enter the market by incurring entry costs. The public firm decides how many sectors to privatise. The private firms enter the market if they earn non‐negative profits. The study's findings show that full nationalisation is socially preferable in the long run. In equilibrium, when the number of production sectors of the public firm is small, excess entry occurs easily; the converse is also true. The results may assist the government in determining its privatisation policy and the private sector in determining whether to enter markets that were previously monopolised by the government.
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影响因子:
1.7
作者:
Toshihiro Matsumura;O. Kanda
通讯作者:
Toshihiro Matsumura;O. Kanda
DOI:
10.1111/j.1467-8586.2008.00300.x
发表时间:
2009
期刊:
ERN: Monopoly
影响因子:
--
作者:
George Symeonidis
通讯作者:
George Symeonidis
DOI:
10.1111/j.1468-0335.2011.00897.x
发表时间:
2012
期刊:
Macroeconomics: Consumption
影响因子:
--
作者:
Ramon Caminal;Lluís M. Granero
通讯作者:
Lluís M. Granero
影响因子:
1.9
作者:
Kawasaki Akio;Ohkawa Takao;Okamura Makoto
通讯作者:
Okamura Makoto
DOI:
10.1111/1468-2354.t01-1-00021
发表时间:
2002-05
期刊:
Macroeconomics eJournal
影响因子:
--
作者:
G. Ottaviano;T. Tabuchi;Jacques-François Thisse
通讯作者:
G. Ottaviano;T. Tabuchi;Jacques-François Thisse