Cross-Ownership in Inter-Corporate Loans in China

2017 ◽  
Author(s):  
Xiaping Cao ◽  
Fangji Jin ◽  
Shusen Qi ◽  
Xuesong Qian
Keyword(s):  
Cross Ownership

scholarly journals Strategic trade policy with interlocking cross-ownership

2021 ◽  
Author(s):  
Luciano Fanti ◽  
Domenico Buccella
Keyword(s):  
Trade Policy ◽  
Free Trade ◽  
Strategic Trade Policy ◽  
Cournot Duopoly ◽  
Public Intervention ◽  
Tax Subsidy ◽  
Strategic Trade ◽  
Duopoly Model ◽  
Product Competition ◽  
Cross Ownership

AbstractBy analysing interlocking cross-ownership, this work reconsiders the inefficiency of activist governments that set subsidies for their exporters (Brander and Spencer, J Int Econ 18:83–100). Making use of a third-market Cournot duopoly model, we show that the implementation of strategic trade policy in the form of a tax (subsidy) when goods are differentiated (complements) is Pareto-superior to free trade within precise ranges of firms’ cross-ownership, richly depending on the degree of product competition. These results challenge the conventional ones in which public intervention (1) is always the provision of a subsidy and (2) always leads to a Pareto-inferior (resp. Pareto-superior) equilibrium when products are substitutes (resp. complements).

Anti-Competitive Effects of Partial Cross-Ownership: Experimental Evidence

2021 ◽  
Author(s):  
Wasilios Hariskos ◽  
Manfred Königstein ◽  
Konstantinos G. Papadopoulos
Keyword(s):  
Experimental Evidence ◽  
Competitive Effects ◽  
Cross Ownership
Sign in / Sign up

Export Citation Format

Share Document