Discussion Paper

No. 2015-68 | December 16, 2015
Cost-reduction Innovation under Mixed Economy

Abstract

Industries with mixed oligopoly are exceedingly popular all over the world, especially in developing countries, such as China. This paper highlights the innovation strategies of mixed duopoly with a (semi-) public firm and another private firm, and the effects of mixed oligopoly on innovation are captured. Firstly, the (semi-) public firm innovates more and produces more than the private firm. Secondly, the degree of the public ownership stimulates the output and innovation. Finally, the price difference and the price dispersion all increase with the degree of the public ownership under independent goods.

JEL Classification:

C61, C72, D43, L13

Assessment

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Links

Cite As

Pu-yan Nie and Yong-cong Yang (2015). Cost-reduction Innovation under Mixed Economy. Economics Discussion Papers, No 2015-68, Kiel Institute for the World Economy. http://www.economics-ejournal.org/economics/discussionpapers/2015-68


Comments and Questions


Sarosh Kothandath - Innovation level
December 17, 2015 - 04:33

The paper remarks that "the degree of the public ownership
stimulates the innovation of two firms." Is this finding specific to any particular industry sector as per the finding?


Pu-yan NIE - Reply to the comment
December 27, 2015 - 13:14

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Fauli-Oller Ramon - Comments
December 17, 2015 - 14:55

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Pu-yan NIE - Reply to the comment
December 27, 2015 - 13:14

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January 05, 2016 - 08:31

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Pu-yan NIE - Reply to the comment
January 15, 2016 - 06:45

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January 18, 2016 - 08:33

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Pu-yan Nie - Reply to the comment
February 09, 2016 - 16:43

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January 18, 2016 - 09:06

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Pu-yan Nie - Reply to the comment
February 09, 2016 - 16:44

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Anonymous - Referee Report 1
January 18, 2016 - 09:07

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Pu-yan Nie - Reply to Referee Report 1
February 11, 2016 - 17:02

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Anonymous - Referee Report 2
January 27, 2016 - 08:38

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Pu-yan Nie - Reply to Referee Report 2
February 11, 2016 - 17:04

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Anonymous - Invited Reader Comment 4
January 27, 2016 - 11:44

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Pu-yan Nie - Reply to the comment
February 09, 2016 - 16:47

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