研討日期	2022年5月9日上午10:30~ 12:30
研討地點	Webex online meeting (台大防疫規定所有活動與課程皆遠距舉行)
主講題目 Title of the paper	The relationship between privatization and corporate taxation policies
作者 Authors of the paper	Yi Liu, Toshihiro Matsumura, and Chenhang Zeng
文獻出處 Journal, vol.(issue), pp	Journal of Economics (2021) 133:85–101
主講人	陳彥勲
參加人員	陳彥勲、黃鴻、郭文忠、Damiana Simanjuntak、蘇家叡、張瑞雲、林燕淑、許至乙、Ayu、彭正浩、Suttiwan Suwannajoi、施姵全、Dong Van Chung、丁虹仁、Bui Dang Long
摘要 Abstract of the paper	We investigate how the corporate (profit) tax rate affects the optimal degree of privatization in a mixed duopoly with a minimal profit constraint for the private firm. We show that the profit tax rate directly affects the behavior of the partially privatized firm, and therefore affects the behavior of the private firm through strategic interactions. Regardless of whether the constraint is binding, the optimal degree of privatization increases with the corporate tax rate. The reason is that an increase of corporate tax rate reduces the profits flowing to foreign investors, which mitigates the welfare losses of privatization. Furthermore, the optimal degree of privatization decreases (increases) with the foreign ownership share in the private firm if the constraint is ineffective (effective). This result suggests that a minimal profit constraint can be crucial in the optimal privatization policy.