關鍵字查詢 | 類別:期刊論文 | | 關鍵字:Public Enterprise Privatization

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序號 學年期 教師動態
1 104/2 產經系 吳忠育 助理教授 期刊論文 發佈 Public Enterprise Privatization: A General Equilibrium Analysis , [104-2] :Public Enterprise Privatization: A General Equilibrium Analysis期刊論文Public Enterprise Privatization: A General Equilibrium AnalysisChung‐Yu, Wu; Wen‐Jung, Liang; Chao‐Cheng, MaiPublic Enterprise Privatization;General Equilibrium Model;Cost Heterogeneity;Product Differentiation;the Average Efficiency of the IndustryReview of Development Economics 20(2), p.456-467This paper develops a general equilibrium model a la Melitz (2003) and Melitz and Ottaviano (2008) 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 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 bigger the degree
2 104/2 產經系 麥朝成 約聘專任特聘研究講座 期刊論文 發佈 Public Enterprise Privatization: A General Equilibrium Analysis , [104-2] :Public Enterprise Privatization: A General Equilibrium Analysis期刊論文Public Enterprise Privatization: A General Equilibrium AnalysisWu, Chung-Yu; Liang, Wen-Jung; Mai, Chao-ChengReview of Development Economics 20(2), pp.456-467This 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 be
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