Fusiones nacionales e internacionales en oligopólios mixtos

Naya, José Méndez

doi:10.4067/s0718-52862012000100004

Cited by 2 publications

(1 citation statement)

References 18 publications

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“…To explain this evidence, the literature on mixed oligopoly has analyzed the decision by governments of whether to privatize a single public firm (see, for example, De Fraja andDelbono, 1989, 1990;Corneo and Jeanne, 1994). These papers have been extended to consider, among other factors, partial privatization of public firms (Matsumura, 1998;Lin and Matsumura, 2012), privatization and mergers (Méndez-Naya, 2007, 2012, privatization of state-holding corporations (Bárcena-Ruiz and Garzón, 2017;Dong et al, 2018), and privatization with switching costs (Dong and Bárcena-Ruiz, 2017).…”

Section: Introductionmentioning

confidence: 99%

Privatization and environmental policy in a mixed oligopoly

Bárcena‐Ruiz

Dong

Garzón³

2019

Estudios de Economía

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This paper analyzes the interaction between two political economy decisions by a government: whether to privatize a public firm and what environmental policy to choose (an environmental tax or an emission standard). We find that when market competition is weak the government does not privatize the public firm and sets an environmental tax. When it is intermediate the public firm is not privatized and the government sets an environmental standard. Finally, when market competition is strong the government privatizes the public firm and is indifferent between a tax and a standard.

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