Economic Integration and Strategic Privatization in an International Mixed Oligopoly
This paper analyzes a mixed oligopoly model of two countries, each with public and private firms competing in an international market. The two-country model is compared with the conventional mixed oligopoly model with a single country to examine how the extent of privatization differs. By this comparison, we obtain a deeper appreciation of whether market integration encourages or limits privatization. The analysis shows that the extent of privatization in the international mixed market with two countries is smaller than that in the mixed market with a single domestic country. We further compare the extent of privatization in the noncooperative equilibrium with that in the cooperative equilibrium to show that further privatization leads to higher welfare.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 64 (2008)
Issue (Month): 3 (September)
|Contact details of provider:|| Web page: http://www.mohr.de/fa|
|Order Information:|| Postal: Mohr Siebeck GmbH & Co. KG, P.O.Box 2040, 72010 Tübingen, Germany|
When requesting a correction, please mention this item's handle: RePEc:mhr:finarc:urn:sici:0015-2218(200809)64:3_352:eiaspi_2.0.tx_2-2. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Wolpert)
If references are entirely missing, you can add them using this form.