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This paper examines the validity of alternative assumptions aboutpublic enterprise strategies in the presence of both domestic and internationalcompetition. It extends the quantity-setting game to apreplay stage and endogenizes the firms’ order of moves to show thati) Cournot competition is...
Persistent link: https://www.econbiz.de/10005868901
In debates over privatization and global competition mixed Cournot oligopoly models have been used to show that the presence of a state-owned enterprise in the host country is always associated with a distortionary effect that may justify privatization even if the public firm is just as...
Persistent link: https://www.econbiz.de/10015228779
This study investigates the possible sources of distortions in an international mixed oligopoly. We extend the existing linear/quadratic model to a general framework and show that a public enterprise may either serve as a regulatory device or may itself create an additional level of distortion....
Persistent link: https://www.econbiz.de/10015230848
This study investigates the possible sources of distortions in an international mixed oligopoly. We extend the existing linear/quadratic model to a general framework and show that a public enterprise may either serve as a regulatory device or may itself create an additional level of distortion....
Persistent link: https://www.econbiz.de/10005616831
In debates over privatization and global competition mixed Cournot oligopoly models have been used to show that the presence of a state-owned enterprise in the host country is always associated with a distortionary effect that may justify privatization even if the public firm is just as...
Persistent link: https://www.econbiz.de/10005836842
Persistent link: https://www.econbiz.de/10001744432
Persistent link: https://www.econbiz.de/10001779912
This paper examines the validity of alternative assumptions about public enterprise strategies in the presence of both domestic and international competition. It extends the quantity-setting game to a preplay stage and endogenizes the firms' order of moves to show that i) Cournot competition is...
Persistent link: https://www.econbiz.de/10014075193
A one-to-one link is developed between overlapping sub-regional entities using geographi-cal tools newly available to the Economic Research Community. The aim of this project is tocreate a database exploiting the geographical variation in publicly available data, in order tobetter control for...
Persistent link: https://www.econbiz.de/10005868518
Long-run economic growth is analysed in a global model with many small countriesprone to national level total factor productivity shocks. The possibility ofprecautionary saving or dissaving is a function of the higher-order moments and thecross-moments of the factor income distributions, which...
Persistent link: https://www.econbiz.de/10005868559