教師資料查詢 | 類別: 期刊論文 | 教師: 麥朝成 Mai Chao-Cheng (瀏覽個人網頁)

標題:Public Enterprise Privatization: A General Equilibrium Analysis
學年104
學期2
出版(發表)日期2016/05/01
作品名稱Public Enterprise Privatization: A General Equilibrium Analysis
作品名稱(其他語言)
著者Wu, Chung-Yu; Liang, Wen-Jung; Mai, Chao-Cheng
單位
出版者
著錄名稱、卷期、頁數Review of Development Economics 20(2), pp.456-467
摘要This paper develops a general equilibrium model to examine the short-run and long-run optimal privatization policies. By assuming that all firms are public firms initially, the paper focuses on how the degree of product differentiation γ and the average efficiency of the industry influence the determination of the optimal privatization policy. The paper shows that privatization decreases the more efficient firms' outputs while increases the less efficient firms' outputs in the short run, and reduces all firms' outputs in the long run. The paper also shows that the larger is γ and the smaller is the number of firms, the more privatized will be the public firm in the short run. Moreover, as γ or the entry barrier fE is sufficiently small, full privatization is the best policy in the long run. On the contrary, as γ and fE are large enough, partial privatization is optimal.
關鍵字
語言英文
ISSN1363-6669
期刊性質國外
收錄於SSCI;
產學合作
通訊作者Mai, Chao-Cheng
審稿制度
國別英國
公開徵稿
出版型式,電子版,紙本
相關連結
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