Endogenous cost differentials between public and private enterprises: A mixed duopoly approach

Economica

Volumn 71, Issue 284, 2004, Pages 671-688

  Matsumura, Toshihiro ^a,b   Matsushima, Noriaki ^a,b  

^a UNIVERSITY OF TOKYO   (Japan)

^b SHINSHU UNIVERSITY   (Japan)

Author keywords

[No Author keywords available]

Indexed keywords

MARKET CONDITIONS; PRIVATE SECTOR; PRODUCTION COST; STATE OWNED ENTERPRISE; WELFARE IMPACT;

EID: 9444257458     PISSN: 00130427     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.0013-0427.2004.00394.x     Document Type: Article

References (40)

1. Anderson, S. P., de Palma, A. and Thisse, J.-F. (1997). Privatization and efficiency in a differentiated industry. European Economic Review 41, 1635-54.
2. Bös, D. (1986). Public Enterprise Economics. Amsterdam: North-Holland.
3. Bös, D. (1991). Privatization: A Theoretical Treatment. Oxford: Clarendon Press.
4. Bös and Peters, W. (1995). Double inefficiency in optimally organized firms. Journal of Public Economics, 56, 355-75.
5. Brander, J. A. and Spencer, B. J. (1983). Strategic commitment with R&D: the symmetric case. Bell Journal of Economics, 14, 225-35.
6. Cremer, H., Marchand, M. and Thisse, J.-F. (1991). Mixed oligopoly with differentiated products. International Journal of Industrial Organization, 9, 43-53.
7. D' Aspremont, C., Gabszewicz, J. J. and Thisse, J.-F. (1979). On Hotelling's stability in competition. Econometrica, 47, 1145-50.
8. De Fraja, G. (1993). Unions and wages in public and private firms: a game-theoretic analysis. Oxford Economic Papers, 45, 457-69.
9. De Fraja, G. and Delbono, F. (1989). Alternative strategies of a public enterprise in oligopoly. Oxford Economic Papers, 41, 302-11.
10. De Fraja, G. and Delbono, F. (1990). Game-theoretic models of mixed oligopoly. Journal of Economic Surveys, 4, 1-17.
11. Delbono, F. and Denicolò, V. (1993). Regulating innovative activity: the role of a public firm. International Journal of Industrial Organization, 11, 35-48.
12. Fershtman, C. (1990). The interdependence between ownership status and market structure: the case of privatization. Economica, 57, 319-28.
13. Fjell, K. and Pal, D. (1996). A mixed oligopoly in the presence of foreign private firms. Canadian Journal of Economics, 29, 737-43.
14. Gunderson, M. (1979). Earnings differentials between the public and private sectors. Canadian Journal of Economics, 12, 228-42.
15. Harris, R. G. and Wiens, E. G. (1980). Government enterprise: an instrument for the internal regulation of industry. Canadian Journal of Economics, 13, 125-32.
16. Hotelling, H. (1929). Stability in competition. Economic Journal, 39, 41-57.
17. Ide, I. and Hayashi, T. (1992). Kinyu chiyukai ni okeru ko-teki bumon no yakuwari. In A. Horiuchi and N. Yoshino (eds.), Gendai nihon no kinyu bunseki (in Japanese). Tokyo: University of Tokyo Press.
18. Ishibashi, K. (2001). Strategic delegation under quality competition. Journal of Economics, 73, 25-56.
19. Kole, S. R. and Mulherin, J. H. (1997). The government as a shareholder: a case from the United States. Journal of Law and Economics, 40 1-22.
20. Lahiri, S. and Ono, Y. (1999). R&D subsidies under asymmetric duopoly: a note. Japanese Economic Review, 50, 104-11.
21. Ma, C. A. and Burgess, J. F. (1993). Quality competition, welfare, and regulation. Journal of Economics, 58, 153-73.
22. Matsumura, T. (1998). Partial privatization in mixed duopoly. Journal of Public Economics, 70, 473-83.
23. Matsumura, T. (2003a). Endogenous role in mixed markets: a two production period model. Southern Economic Journal, 70, 403-13 .
24. Matsumura, T. (2003b). Stackelberg mixed duopoly with a foreign competitor. Bulletin of Economic Research, 55, 275-87.
25. Matsumura, T. and Matsushima, N. (2003). Mixed duopoly with product differentiation: sequential choice of location. Australian Economic Papers, 42, 18-34.
26. Matsushima, N. and Matsumura, T. (2003). Mixed oligopoly and spatial agglomeration. Canadian Journal of Economics, 36, 62-87.
27. Megginson, W. and Netter, J. (2001). From state to market: a survey of empirical studies on privatization. Journal of Economic Literature 39, 321-89.
28. Merrill, W. and Schneider, N. (1966). Government firms in oligopoly industries: a short-run analysis. Quarterly Journal of Economics, 80, 400-12.
29. Nett, L. (1993). Mixed oligopoly with homogeneous goods. Annals of Public and Cooperative Economics, 64, 367-93.
30. Nett, L. (1994). Why private firms are more innovative than public firms. European Journal of Political Economy, 10, 639-53.
31. Nishimori, A. and Ogawa, H. (2002). Public monopoly, mixed oligopoly and productive efficiency. Australian Economic Papers, 41, 185-90.
32. Pal, D. (1998), Endogenous timing in a mixed oligopoly. Economics Letters, 61, 181-85.
33. Pal, D. and White, M. D. (1998). Mixed oligopoly, privatization, and strategic trade policy. Southern Economic Journal, 65, 264-81.
34. Poyango-Theotoky, J. (1998). R&D competition in a mixed duopoly under uncertainty and easy imitation. Journal of Comparative Economics, 26, 415-28.
35. Stiglitz, J. E. (1988). Economics of the Public Sector, 2nd edn. New York: W.W. Norton.
36. Vickers, J. and Yarrow, G. (1988). Privatization: An Economic Analysis. Cambridge, Mass.: MIT Press.
37. Willner, J. (1994). Welfare maximization with endogenous average costs. International Journal of Industrial Organization, 12, 373-86.
38. Willner, J. (1999). Policy objectives and performance in a mixed market with bargaining. International Journal of Industrial Organization, 17, 137-45.
39. Yoshino, N. and Fujita, Y. (1995). Kasenteki kinyu shizyo niokeru koteki kinyu no yakuwari. Keio Economic Society Discussion Paper no. 9504.
40. Ziss, S. (1993). Entry deterrence, cost advantage and horizontal product differentiation. Regional Science and Urban Economics, 23, 523-43.