研討日期 |
2024年9月23日12:20-13:50 |
研討地點 |
國立臺灣大學社會科學院710會議室 |
主講題目 Title of the paper |
Overlapping
ownership and input prices |
作者 Authors of the paper |
Teis Lunde Lømo |
文獻出處 Journal, vol.(issue), pp |
International
Journal of Industrial Organization Volume 94, May 2024,
103067 |
主講人 |
吳世傑 |
參加人員 |
吳世傑、黃鴻、林燕淑、王光正、施姵全、許至乙、高國峯、彭正浩、鍾暳陵、Bui Dang Long、Ayu Sasni Munte、Micah Mainala、Anggoro Prihandoko、Bastien Latourr、洪睿翔 |
摘要 Abstract of the Paper |
This
paper studies the effect of overlapping ownership in a setting where firms
must contract with an input supplier before competing in the product market.
Horizontal ownership among the competing firms can here affect the input prices
set by the supplier. I derive conditions for when overlapping ownership
raises, reduces, or has no effect on input prices. The key factor is how
demand curvature varies with total output. When overlapping ownership reduces
input prices, the cost reduction is in turn passed on to consumers. This
indirect effect offsets – and can even outweigh – the direct negative effect
of overlapping ownership on product market competition. |