Mixed duopoly, privatization, and subsidization with excess burden of taxation

We investigate optimal taxsubsidy policies in mixed and private oligopolies with excess burden of taxation. We compare the optimal subsidies and the resulting welfare levels among four regimes: mixed and private Cournot duopolies and Stackelberg competition with public and private leaderships. We show that, in contrast to the existing works on the privatization neutrality theorem, privatization affects resulting welfare.

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Year of publication:	2013
Authors:	Matsumura, Toshihiro ; Tomaru, Yoshihiro
Published in:	Canadian Journal of Economics. - Canadian Economics Association - CEA. - Vol. 46.2013, 2, p. 526-554
Publisher:	Canadian Economics Association - CEA

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Extent:	application/pdf
Type of publication:	Article
Notes:	Published
Classification:	L13 - Oligopoly and Other Imperfect Markets ; L33 - Comparison of Public and Private Enterprises; Privatization; Contracting Out ; H20 - Taxation, Subsidies, and Revenue. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010660066