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International mixed triopoly, privatization and subsidization

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  • Ohnishi, Kazuhiro

Abstract

This paper examines privatization in an international mixed triopoly model with a state-owned firm, a domestic firm and a foreign private firm to reassess the welfare effect of production subsidies. The main result of the paper is that if optimal domestic subsidies are used before and after privatization, then privatization improves domestic social welfare. The paper finds that this result is quite different from that of the existing domestic mixed oligopoly model.

Suggested Citation

  • Ohnishi, Kazuhiro, 2023. "International mixed triopoly, privatization and subsidization," MPRA Paper 116070, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:116070
    as

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    References listed on IDEAS

    as
    1. Kazuhiro Ohnishi, 2020. "Price-setting mixed duopoly, subsidization and the order of firms' moves: the relevance of privatization," Economics Bulletin, AccessEcon, vol. 40(4), pages 3071-3076.
    2. repec:ebl:ecbull:v:12:y:2002:i:1:p:1-6 is not listed on IDEAS
    3. White, Mark D., 1996. "Mixed oligopoly, privatization and subsidization," Economics Letters, Elsevier, vol. 53(2), pages 189-195, November.
    4. Joanna Poyago-Theotoky, 2001. "Mixed oligopoly, subsidization and the order of firms' moves: an irrelevance result," Economics Bulletin, AccessEcon, vol. 12(3), pages 1-5.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    International mixed triopoly; Privatization; Subsidy;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises

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