An International Mixed Oligopoly with Multiple Public Firms

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概要

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• The analyses described in this paper address an international mixed oligopoly model with multiple public firms to clarify equilibrium properties and derive policy implications. The results show a possible increase in social welfare relative to a single public firm and provide a rationale for active open-door policies to allow foreign firms to enter Chinese markets. Results also indicate that entry of a new public firm may increase the profits of public incumbents if the public firms are as cost-efficient as the private firms. It is surprising that adding a firm increases the profits of other firms in this Cournot-Nash Model.JEL Classification: D43, L13, L32

• 日本地域学会の論文

著者

• HAN Lihua

  Graduate School of Economics, Nagoya University

関連論文

• An International Mixed Oligopoly with Multiple Public Firms

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