Liu, Yi and Matsumura, Toshihiro (2022): Welfare effects of common ownership in an international duopoly.
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Abstract
We formulate an international oligopoly model in the presence of global common ownership. We theoretically investigate how common ownership affects the volume of international trade in an oligopoly market and global welfare. We find that welfare decreases (increases) with the degree of common ownership when the international transport costs are low (high)
Item Type: | MPRA Paper |
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Original Title: | Welfare effects of common ownership in an international duopoly |
Language: | English |
Keywords: | overlapping ownership; transport cost; welfare-improving production substitution |
Subjects: | F - International Economics > F1 - Trade > F12 - Models of Trade with Imperfect Competition and Scale Economies ; Fragmentation K - Law and Economics > K2 - Regulation and Business Law > K21 - Antitrust Law L - Industrial Organization > L1 - Market Structure, Firm Strategy, and Market Performance > L13 - Oligopoly and Other Imperfect Markets |
Item ID: | 118452 |
Depositing User: | Dr. Yi Liu |
Date Deposited: | 11 Sep 2023 13:25 |
Last Modified: | 11 Sep 2023 13:25 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/118452 |
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Welfare effects of common ownership in an international duopoly. (deposited 27 Oct 2022 07:57)
- Welfare effects of common ownership in an international duopoly. (deposited 11 Sep 2023 13:25) [Currently Displayed]