Privatization in an International Mixed Oligopoly: the Role of Product Differentiation under Price Competition

Abstract

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.


Tutti gli autori

  • Chirco A. , Scrimitore M.

Titolo volume/Rivista

EERI RESEARCH PAPER


Anno di pubblicazione

2017

ISSN

2031-4892

ISBN

Non Disponibile


Numero di citazioni Wos

Nessuna citazione

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Numero di citazioni Scopus

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Settori ERC

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Codici ASJC

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