Privatization and entries of foreign enterprises in a differentiated industry
Privatization and entries of foreign enterprises in a differentiated industry
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DOI：
10.1007/s00712-009-0091-x
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发表时间：
2009-12-01
影响因子：
1.7
通讯作者：
Ishibashi, Ikuo
中科院分区：
文献类型：
--
作者：
Matsumura, Toshihiro;Matsushima, Noriaki;Ishibashi, Ikuo
本文从垄断竞争模型中的社会福利的角度考察了私有化是否有益。我们讨论了私有化的福利效应与私营部门外国直接投资程度之间的关系，这是发展中国家和转型经济体（如中国和中欧和东欧国家）的一个重要问题。我们发现，从长期来看，当一个国家在私营部门依赖外国资本时，国有企业的私有化更有可能改善福利，而在短期内存在相反的趋势。
We investigate whether or not privatization is beneficial from the viewpoint of social welfare in a monopolistic competition model. We discuss the relationship between the welfare effects of privatization and the degree of foreign direct investment in the private sector, which is an important problem in developing countries and in transition economies such as China and Central and Eastern European countries. We find that, in the long run, privatization of a public firm is more likely to improve welfare when the country depends on foreign capital in the private sector, whereas the opposite tendency exists in the short run.