Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/179407
Authors: 
Chirco, Alessandra
Scrimitore, Marcella
Year of Publication: 
2017
Series/Report no.: 
EERI Research Paper Series 06/2017
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.
Subjects: 
Mixed oligopoly
price competition
strategic privatization
international markets
JEL: 
F23
L13
L32
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.