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An International Mixed Oligopoly with Multiple Public Firms
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- HAN Lihua
- Graduate School of Economics, Nagoya University
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Description
The analyses described in this paper address an international mixed oligopoly model with multiple public firms to clarify equilibrium properties and derive policy implications. The results show a possible increase in social welfare relative to a single public firm and provide a rationale for active open-door policies to allow foreign firms to enter Chinese markets. Results also indicate that entry of a new public firm may increase the profits of public incumbents if the public firms are as cost-efficient as the private firms. It is surprising that adding a firm increases the profits of other firms in this Cournot-Nash Model.<br><br>JEL Classification: D43, L13, L32
Journal
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- Studies in Regional Science
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Studies in Regional Science 38 (1), 191-197, 2008
JAPAN SECTION OF THE REGIONAL SCIENCE ASSOCIATION INTERNATIONAL
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Keywords
Details 詳細情報について
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- CRID
- 1390282679410263168
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- NII Article ID
- 130000063452
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- NII Book ID
- AN00140630
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- ISSN
- 18806465
- 02876256
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- NDL BIB ID
- 9650978
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- Text Lang
- en
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- Data Source
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- JaLC
- NDL Search
- Crossref
- CiNii Articles
- OpenAIRE
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- Abstract License Flag
- Disallowed