Mixed oligopoly, privatization and subsidization

被引：124

作者：

White, MD

机构：

[1] Department of Economics, University of Cincinnati, ML 0371, Cincinnati

来源：

ECONOMICS LETTERS | 1996年 / 53卷 / 02期

关键词：

mixed oligopoly; privatization; subsidy;

D O I：

10.1016/S0165-1765(96)00916-0

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper demonstrates three effects of domestic production subsidies in a mixed oligopoly industry regarding privatization and efficiency. First, if subsidies are used before and after privatization, welfare is unchanged by privatization. Second, if subsidies are used only before privatization, then privatization always lowers welfare, regardless of the number of private firms in the industry. Third, the subsidy contributes to overall efficiency in a mixed oligopoly due to cost distribution effects.

引用

页码：189 / 195

页数：7