Article ID Journal Published Year Pages File Type
5054757 Economic Modelling 2013 4 Pages PDF
Abstract
► The order of the firm's moves affects the social efficiency with foreign ownership. ► The entry of private followers will lead to lower consumer welfare. ► There always exists the problem of excessive entry under public leadership. ► Our results have important implications for industrial and market-opening policies.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Foreign penetration and undesirable competition
Authors
, ,