Journal article
Firm Ownership, Product Differentiation and Welfare
The Manchester school, Vol.75(2), pp.210-217
03/2007
DOI: 10.1111/j.1467-9957.2007.01011.x
Abstract
The purpose of this paper is to study the impact of firm ownership in a differentiated industry. We find there is no effect on product differentiation and welfare due to ownership ratio change between private and state so long as the private (state) ownership in a partially state-owned firm remains at least half (less than half). However, when the private (state) ownership in the partially state-owned firm falls below half (rises more than half), the degree of product differentiation increases (decreases) whereas welfare decreases (increases) in the share of private (state) ownership; and thus the extent of private or state ownership matters.
Details
- Title: Subtitle
- Firm Ownership, Product Differentiation and Welfare
- Creators
- Yuanzhu Lu - Central University of Finance and EconomicsSougata Poddar - Duke-NUS Medical School
- Resource Type
- Journal article
- Publication Details
- The Manchester school, Vol.75(2), pp.210-217
- DOI
- 10.1111/j.1467-9957.2007.01011.x
- ISSN
- 1463-6786
- eISSN
- 1467-9957
- Publisher
- Blackwell Publishing Ltd
- Number of pages
- 8
- Language
- English
- Date published
- 03/2007
- Academic Unit
- Economics
- Record Identifier
- 9984963052902771
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