研討日期

2025030312:10-13:50

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

On the Implications of Cross-Ownership Under Green Transformation

作者

Authors of the paper

Dang-Long Bui, Cheng-Hau Peng, and Yan-Shu Lin

文獻出處

Journal, vol.(issue), pp

Working Paper

主講人

Dang-Long Bui

參加人員

黃鴻、林燕淑、施全、高國峯、郭文忠、曹古駒、林晏如、Bui Dang-LongAyu Sasni MunteMicah MainalaAnggoro Prihandoko、楊雅棠、洪睿翔、李易鴻

摘要

Abstract of the Paper

Traditional wisdom suggests that cross-ownership lessens competition between rival firms, leading to lower total output produced, consequently reducing consumer surplus and environmental damage. Incorporating a Cournot duopoly model, where the firms endogenously determine whether or not to transform green by following a standard from an environmental regulator, we find the reverse implications in some circumstances. Surprisingly, a rise in crossownership level that induces the equilibrium to shift from non-transformation to partial transformation benefits both consumers and the environment. Our analysis also shows that full transformation, partial transformation, and non-transformation occur in equilibrium if the environmental standard is low, medium, and high, respectively. Moreover, cross-ownership extension stimulates (hinders) green transformation if its degree is low (high).