研討日期

2012630上午10:20 ~ 13:00

研討地點

台灣大學社會科學院   26教室

討論文獻

題目

作者

文獻出處

Privatization and foreign competition

Pehr-Johan Norba¨ck, Lars Persson

Journal of International Economics

報告人

王羿傑

參加人員

林燕淑、吳芝文、陳宏易、張瑞雲、陳金盛、丁虹仁、王羿傑、呂得成、吳宜謙、黃品錚、許至乙、施

論文提要

    This paper determines the equilibrium market structure in an international oligopoly, where a state enterprise is sold at an auction. The paper suggests that high greenfield costs and high trade costs do not necessarily induce foreign acquisitions in privatizations, despite the fact that foreign firms would gain considerably from acquiring in such situations. The reason is that domestic firms can then prevent foreign firms from becoming strong local competitors and thus, their willingness to pay for the state assets is high.

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