Optimal privatisation, and optimum-welfare and maximum-revenue tariffs

被引：0
|
作者：
Han, Tien-Der [1 ]
Li, Ruochen [2 ]
机构：
[1] Loughborough Univ, Loughborough Business Sch, Loughborough, England
[2] Shandong Univ, Ctr Econ Res, Jinan, Peoples R China
来源：
ECONOMIC AND POLITICAL STUDIES-EPS | 2024年 / 12卷 / 02期
关键词：
Mixed oligopoly; partial privatisation; tariff ranking; MIXED OLIGOPOLY; FREE ENTRY; SOCIAL EFFICIENCY; EXCESS-ENTRY; PRIVATIZATION; COMPETITION; POLICY; CHINA;
D O I：
10.1080/20954816.2023.2276968
中图分类号：
C [社会科学总论];
学科分类号：
03 ; 0303 ;
摘要：
We examine the effect of privatisation on the priority of the maximum-revenue tariff and the optimum-welfare tariff in an international mixed oligopoly with foreign competition and optimal privatisation. We demonstrate that when the marginal cost of the domestic privatised firm is high enough, the optimum-welfare tariff will exceed the maximum-revenue tariff. Moreover, due to the higher tariff rate that leads to the high degree of privatisation, the optimum-welfare tariff generates greater optimal privatisation than the maximum-revenue tariff does. Lastly, when the gap between the number of domestic private firms and that of their foreign counterparts becomes larger, the optimum-welfare tariff will exceed the maximum-revenue tariff.
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页码：220 / 234
页数：15
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