Welfare effects of common ownership in an international duopoly

Yi Liu and Toshihiro Matsumura

MPRA Paper from University Library of Munich, Germany

Abstract: 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)

Keywords: overlapping ownership; transport cost; welfare-improving production substitution (search for similar items in EconPapers)
JEL-codes: F12 K21 L13 (search for similar items in EconPapers)
Date: 2022-10-13
New Economics Papers: this item is included in nep-com, nep-ind and nep-int
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https://mpra.ub.uni-muenchen.de/115177/1/MPRA_paper_115177.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/118452/1/YLTM%282%2920230721.pdf revised version (application/pdf)

Related works:
Journal Article: Welfare effects of common ownership in an international duopoly (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:115177

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