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Autoren: 
Chirco, Alessandra
Scrimitore, Marcella
Datum: 
2017
Reihe/Nr.: 
EERI Research Paper Series 06/2017
Zusammenfassung: 
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.
Schlagwörter: 
Mixed oligopoly
price competition
strategic privatization
international markets
JEL: 
F23
L13
L32
Dokumentart: 
Working Paper

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