An analysis of policy harmonization on privatization and trade liberalization

Chia Chi Wang, Jiunn Rong Chiou

研究成果: 雜誌貢獻期刊論文同行評審

4 引文 斯高帕斯(Scopus)

摘要

This paper investigates optimal privatization and trade policies in an international mixed oligopoly model. When both policies are available, the optimal policy combination is partial privatization and a positive tariff. Moreover, if one of the two policies is not available, the optimal trade liberalization and optimal privatization would be equivalent in welfare as long as the demand is linear. Implementing privatization and/or trade policies obtains the win-win situation for two countries. Besides, the effect of full privatization on welfare is ambiguous and depends crucially on the difference between firms' marginal cost. Lastly, by adopting a low degree of privatization block trade may increase domestic welfare.

原文???core.languages.en_GB???
頁(從 - 到)279-290
頁數12
期刊International Review of Economics and Finance
38
DOIs
出版狀態已出版 - 1 7月 2015

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