Price Regulation or Deregulation: Taking the Interest Rate as Example

摘要：

We develop a mixed oligopoly vertical relationship model and examine the equilibrium in government pricing and market pricing. Comparing different equilibrium results shows that state-owned enterprises (SOEs) usually obtain more profits by making a lower regulation price. The interest rate liberalization will cut down SOEs profits, but raise the whole industry chains profit by raising private enterprises profits more. Nevertheless, the social value created by the industrial chain will not necessarily increase.

关键词： interest rate liberalization state-owned enterprises mixed oligopoly model

作者: ZHANG Guangxian LIU Bing

作者单位: School of Economics, Shandong Institute of Business and Technology, Yantai, P.R.China, 264005

会议类型: 国际会议

会议名称: The 3rd International Institute of Statistics & Management Engineering Symposium(2010 国际统计与管理工程研讨会 IISMES)

会议地点: 威海

会议语种:英文

页码: 806-810

在线出版日期: 2010-07-24（万方平台首次上网日期，不代表论文的发表时间）