Electronic Resource
Partial privatization in an international mixed oligopoly under product differentiation
| العنوان: | Partial privatization in an international mixed oligopoly under product differentiation |
|---|---|
| المؤلفون: | Análisis Económico, Analisi Ekonomikoa, Bárcena Ruiz, Juan Carlos, Garzón San Felipe, María Begoña |
| بيانات النشر: | Springer-Verlag 2020-05-16 |
| نوع الوثيقة: | Electronic Resource |
| مستخلص: | [EN]We consider an international mixed market that comprises two countries, each of which owns one public firm and one private firm. As a benchmark case, we consider a single country that owns all four firms. In both cases, governments decide whether to partially privatize their public firms or not. Under an international mixed market privatization decisions are driven by strategic reasons, while in the benchmark case they are driven by efficiency reasons. We find that whether governments privatize more or less in the former case than in the latter depends on the type of goods produced by the firms (homogeneous, independent in demand, complements and substitutes). We also find that social welfare may be greater under an international mixed market than in the benchmark case. Finally, under an international mixed market there is more privatization when each public firm produces the same good as the domestic private firm than when they produce different goods |
| مصطلحات الفهرس: | partial privatization, international mixed market, Cournot, info:eu-repo/semantics/article |
| URL: | 0931-8658 1617-7134 info:eu-repo/grantAgreement/MCYT/ECO2015-66803-P |
| الاتاحة: | Open access content. Open access content |
| ملاحظة: | Financial support from Ministerio de Ciencia y Tecnología (ECO2015-66803-P) and Grupos de Investigación UPV/EHU (GIU17/051) is gratefully acknowledged English |
| Other Numbers: | ESUPV oai:addi.ehu.eus:10810/63859 1418067259 |
| المصدر المساهم: | REPOSITORIO DE LA UNIVERSIDAD DEL PAIS From OAIster®, provided by the OCLC Cooperative. |
| رقم الانضمام: | edsoai.on1418067259 |
| قاعدة البيانات: | OAIster |
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