{"title":"国际双头垄断中共同所有权的福利效应","authors":"Yi Liu, Toshihiro Matsumura","doi":"10.1111/caje.12712","DOIUrl":null,"url":null,"abstract":"<p>We formulate an international oligopoly model in the presence of global common ownership. We theoretically investigate how common ownership affects the volume of international trade in an oligopoly market and global welfare. We find that welfare decreases (increases) with the degree of common ownership when the international transport costs are low (high), whereas common ownership reduces international trade. This conclusion remains valid in the presence of import tariffs and asymmetric common ownership share.</p>","PeriodicalId":47941,"journal":{"name":"Canadian Journal of Economics-Revue Canadienne D Economique","volume":"57 2","pages":"459-477"},"PeriodicalIF":1.3000,"publicationDate":"2024-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Welfare effects of common ownership in an international duopoly\",\"authors\":\"Yi Liu, Toshihiro Matsumura\",\"doi\":\"10.1111/caje.12712\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>We formulate an international oligopoly model in the presence of global common ownership. We theoretically investigate how common ownership affects the volume of international trade in an oligopoly market and global welfare. We find that welfare decreases (increases) with the degree of common ownership when the international transport costs are low (high), whereas common ownership reduces international trade. This conclusion remains valid in the presence of import tariffs and asymmetric common ownership share.</p>\",\"PeriodicalId\":47941,\"journal\":{\"name\":\"Canadian Journal of Economics-Revue Canadienne D Economique\",\"volume\":\"57 2\",\"pages\":\"459-477\"},\"PeriodicalIF\":1.3000,\"publicationDate\":\"2024-04-21\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Canadian Journal of Economics-Revue Canadienne D Economique\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1111/caje.12712\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Canadian Journal of Economics-Revue Canadienne D Economique","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/caje.12712","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
Welfare effects of common ownership in an international duopoly
We formulate an international oligopoly model in the presence of global common ownership. We theoretically investigate how common ownership affects the volume of international trade in an oligopoly market and global welfare. We find that welfare decreases (increases) with the degree of common ownership when the international transport costs are low (high), whereas common ownership reduces international trade. This conclusion remains valid in the presence of import tariffs and asymmetric common ownership share.
期刊介绍:
The Canadian Journal of Economics (CJE) is the journal of the Canadian Economics Association (CEA) and is the primary academic economics journal based in Canada. The editors seek to maintain and enhance the position of the CJE as a major, internationally recognized journal and are very receptive to high-quality papers on any economics topic from any source. In addition, the editors recognize the Journal"s role as an important outlet for high-quality empirical papers about the Canadian economy and about Canadian policy issues.