TEL  Vol.5 No.5 , October 2015
Excessive Privatization in an International Mixed Oligopoly: Normative View
Author(s) Lihua Han
ABSTRACT
This paper analyzes a mixed oligopoly model with two countries each with public and private firms competing in a third country market. We formulate a third country model often used in the field of international trade, and show that there is excessive privatization if the governments adopt the degree of privatization as a policy device.

Cite this paper
Han, L. (2015) Excessive Privatization in an International Mixed Oligopoly: Normative View. Theoretical Economics Letters, 5, 647-650. doi: 10.4236/tel.2015.55075.
References
[1]   De Fraja, G. and Delbono, F. (1989) Alternative Strategies of a Public Enterprise in Oligopoly. Oxford Economic Papers, 41, 302-311.

[2]   Matsumura, T. (1998) Partial Privatization in Mixed Duopoly. Journal of Public Economics, 70, 473-483. http://dx.doi.org/10.1016/S0047-2727(98)00051-6

[3]   Corneo, G. and Rob, R. (2003) Working in Public and Private Firms. Journal of Public Economics, 87, 1335-1352. http://dx.doi.org/10.1016/S0047-2727(01)00199-2

[4]   Fujiwara, K. (2007) Partial Privatization in a Differentiated Mixed Oligopoly. Journal of Economics, 92, 51-65. http://dx.doi.org/10.1007/s00712-007-0267-1

[5]   Ghosh, A. and Mitra, M. (2010) Comparing Bertrand and Cournot in Mixed Markets. Economics Letters, 109, 72-74. http://dx.doi.org/10.1016/j.econlet.2010.08.021

[6]   Han, L.H. (2012) Strategic Privatization and Trade Policies in an International Mixed Oligopoly. The Manchester School, 80, 580-602. http://dx.doi.org/10.1111/j.1467-9957.2011.02245.x

[7]   Nakamura, Y. (2015) Price versus Quantity in a Mixed Duopoly: The Case of Relative Profit Maximization. Economic Modelling, 44, 37-43. http://dx.doi.org/10.1016/j.econmod.2014.09.019

[8]   Bárcena-Ruiz, J.C. and Garzón, M.B. (2005) International Trade and Strategic Privatization. Review of Development Economics, 9, 502-513. http://dx.doi.org/10.1111/j.1467-9361.2005.00290.x

[9]   Dadpay, A. and Heywood, J.S. (2006) Mixed Oligopoly in a Single International Market. Australian Economic Papers, 45, 269-280. http://dx.doi.org/10.1111/j.1467-8454.2006.00292.x

[10]   Brander, J.A. and Spencer, B.J. (1984) Tariff Protection and Imperfect Competition. In: Kierzkowski, H., Ed., Monopolistic Competition and International Trade, Clarendon Press, Oxford, 194-207.

 
 
Top