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- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2011.1
- 수록면
- 51 - 71 (21page)
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This paper examines the optimal trade and privatization policies in an international mixed market where a domestic public firm competes against domestic and foreign private firms. We consider a trade policy combination of production subsidy and import tariff, and compare the optimal trade and privatization policies under either Cournot or Stackelberg competition. We find that the optimal trade policies consist of a domestic production subsidy and an import tariff, which are identical under the two regimes regardless of the competition pattern. However, the optimal privatization policy depends on the competition patterns, whether Cournot or Stackelberg competition. In particular, the optimal privatization policy under Cournot competition is complete privatization, whereas that under Stackelberg competition is full nationalization. Finally, we show that if the government can only use a single trade policy instrument, the production subsidy gives a better social welfare benefit than the import tariff.
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참고문헌 (15)
참고문헌 신청
Brander, J. A. / 1985 / Export Subsidies and International Market Share Rivalry / Journal of International Economics 18 (1) : 83 ~ 100
Chang, W. W / 2005 / Optimal Trade and Privatization Policies in an Inter- national Duopoly with Cost Asymmetry / Journal of International Trade & Economic Development 14
Chao, C. C. / 2006 / Partial Privatization, Foreign Com- petition, and Optimum Tariff / Review of International Economics 14 (1) : 87 ~ 92
Chin-Shu Huang / 2006 / The Optimal Government Shareholding Strategy and the Cost Structure / Seoul Journal of Economics 19 (2) : 251 ~ 273
De Fraja, G. / 1989 / Alternative Strategies of a Public Enter- prise in Oligopoly / Oxford Economic Papers 41 (2) : 302 ~ 311
Chang, W. W / 2005 / Optimal Trade and Privatization Policies in an Inter- national Duopoly with Cost Asymmetry / Journal of International Trade & Economic Development 14
Chao, C. C. / 2006 / Partial Privatization, Foreign Com- petition, and Optimum Tariff / Review of International Economics 14 (1) : 87 ~ 92
Chin-Shu Huang / 2006 / The Optimal Government Shareholding Strategy and the Cost Structure / Seoul Journal of Economics 19 (2) : 251 ~ 273
De Fraja, G. / 1989 / Alternative Strategies of a Public Enter- prise in Oligopoly / Oxford Economic Papers 41 (2) : 302 ~ 311
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