Privatization in an international mixed oligopoly: The role of product differentiation under price competition

Arbeitspapier

By developing a linear model in a two-country framework of international price competition, we show how the degree of product differentiation and the cross-country distribution of private firms affect the strategic privatization choices made by governments concerned with their own country's welfare. More particularly, the work points out that sufficiently low product differentiation may lead public ownership to be optimally chosen to restrict competition in the country with the larger number of firms, and privatization to be global welfare enhancing in this case.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: EERI Research Paper Series ; No. 06/2017

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Multinational Firms; International Business ; Oligopoly and Other Imperfect Markets ; Public Enterprises; Public-Private Enterprises
• Thema: Mixed oligopoly ; price competition ; strategic privatization ; international markets

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Chirco, Alessandra ; Scrimitore, Marcella
• Ereignis: Veröffentlichung
• (wer): Economics and Econometrics Research Institute (EERI)
• (wo): Brussels
• (wann): 2017

Weitere Informationen

• Handle: http://hdl.handle.net/10419/179407
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ