MARKET MECHANISM FOR STATE-OWNED ENTERPRISES AND GOVERNMENT TAXATION - A GAME THEORETICAL-ANALYSIS OF THE SITUATION IN CHINA

被引:1
|
作者
YAO, ST
机构
[1] Department of Economics, Victoria University of Wellington, Wellington
关键词
CHINA ECONOMIC REFORM; BERTRAND-NASH EQUILIBRIUM; MARKET MECHANISM;
D O I
10.1016/0165-4896(93)90033-F
中图分类号
F [经济];
学科分类号
02 ;
摘要
In recent years China's economic reform has entailed the introduction of the market mechanism into state-owned industries, and it has proved to be rather successful. In this paper a game theoretical model with this Chinese feature is constructed and analyzed in detail. The Bertrand-Nash equilibrium is examined and government taxation on the firms' free market profits is discussed.
引用
收藏
页码:295 / 301
页数:7
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