Product Market Cooperation, Foreign Direct Investment and Consumer Welfare

IF 0.8 4区经济学 Q3 ECONOMICS

Review of Industrial Organization Pub Date : 2023-11-01 DOI:10.1007/s11151-023-09925-x

Arijit Mukherjee, Uday Bhanu Sinha

引用次数: 0

Abstract

Abstract Cooperation among rival firms raises serious skepticism among economists, policymakers, and legal experts, since it generally hurts consumers. We show that this may not be the case in an open economy with strategic foreign direct investment (FDI). Under Cournot competition, increased cooperation among firms reduces the domestic welfare, but it may benefit the consumers by attracting FDI. Under Bertrand competition with differentiated goods, increased cooperation may increase consumer surplus, and it may increase or decrease the domestic welfare by attracting FDI.

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产品市场合作、外国直接投资和消费者福利

竞争对手之间的合作引起了经济学家、政策制定者和法律专家的严重怀疑，因为它通常会伤害消费者。我们表明，在具有战略外国直接投资(FDI)的开放经济中，情况可能并非如此。在古诺竞争下，企业间合作的增加减少了国内福利，但它可以通过吸引外国直接投资而使消费者受益。在与差异化商品的Bertrand竞争下，合作的增加会增加消费者剩余，并通过吸引FDI增加或减少国内福利。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Review of Industrial Organization Multiple-

CiteScore

2.10

自引率

9.10%

发文量

期刊介绍： New Online Manuscript Submission System The Review of Industrial Organization publishes research papers on all aspects of industrial organization, broadly defined. A main focus is on competition and monopoly, in their many forms and processes and their effects on efficiency, innovation, and social conditions. Topics may range from the internal organization of enterprises to wide international comparisons. The Review is also increasing its interest in papers on public policies such as antitrust, regulation, deregulation, public enterprise, and privatization. Papers may deal with any economic sectors and any developed economies. The Review continues its primary interest in ideas that can be verified by econometric evidence, case studies, or other real conditions. But the Review also seeks papers that advance significant theories of industrial organization and policy. Papers using abstract techniques and econometric tests should present the methods and analysis in plain enough English so that non-specialist readers can evaluate the content. The Review welcomes submissions from any source, and the Editors will make every effort to have papers reviewed quickly and to give prompt decisions. The Editors will also seek to arrange symposia on specific topics, and they are open to proposals for grouped papers. They also welcome shorter notes and commentaries on topics of interest to the profession. Officially cited as: Rev Ind Organ