We revisit the classic discussion comparing price and quantity competition, but in a mixed
oligopoly in which one state-owned public firm competes against private firms. It has been …

This study investigates the short‐run and long‐run relationships of trade and privatisation
policies. In both the short run and the long run, the optimal degree of privatisation is …

We characterize the endogenous competition structure (in prices or quantities) in a
differentiated duopoly between a public firm that maximizes domestic welfare and a private …

This paper examines the effects of privatizing China's state-owned enterprises (SOEs) on
wage distribution and the welfare of the economy. Privatizing profitable SOEs can narrow …

The impacts of privatization on wage inequality and welfare are considered for developing
countries. In the short run, privatization can narrow wage inequality but reduce output of …

Partial privatization is implementable only if private investors have incentives to purchase
the shares of public firms. With this obvious fact in mind, we reconsider the effect of foreign …

The paper investigates the optimal strategy of a small open economy receiving foreign direct
investment (FDI) in an optimal growth context. We prove that no domestic firm can enter the …

We investigate how the corporate (profit) tax rate affects the optimal degree of privatization in
a mixed duopoly with a minimal profit constraint for the private firm. We show that the profit …

This study examines endogenous determinations of both the degree of partial privatization
and the timing of quantity competition under a homogeneous product duopoly with a public …

Under the assumption that a public firm provides goods or services to two markets and that a
private firm provides goods or services to one market only, this study examines whether …