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All Outputs (75)

Endogenous Market Structure, Trade Cost Reduction, and Welfare (2015)
Journal Article
Marjit, S., & Mukherjee, A. (2015). Endogenous Market Structure, Trade Cost Reduction, and Welfare. Journal of Institutional and Theoretical Economics, 171(3), 493-511. doi:10.1628/093245615x14322754804672

We show the long-run effects of a trade cost reduction in an oligopolistic industry. If the labor markets are competitive and the products are homogeneous, a lower transportation cost affects neither consumer surplus nor welfare of the importing coun... Read More about Endogenous Market Structure, Trade Cost Reduction, and Welfare.

Patent protection, innovation and technology licensing (2014)
Journal Article
Wang, L. F., & Mukherjee, A. (2014). Patent protection, innovation and technology licensing. Australian Economic Papers, 53(3-4), 245-254. doi:10.1111/1467-8454.12030

We show that the common wisdom suggesting higher investment in innovation under a stronger patent protection may not be true if the innovator can license its technology ex?post innovation. If the initial cost of production is high and the slope of th... Read More about Patent protection, innovation and technology licensing.

Does two-part tariff licensing agreement enhance both welfare and profit? (2014)
Journal Article
Mukherjee, A., & Tsai, Y. (2015). Does two-part tariff licensing agreement enhance both welfare and profit?. Journal of Economics, 116(1), 63-76. doi:10.1007/s00712-014-0421-5

It is general belief that firm profit is higher under two-part tariff licensing, while social welfare is greater under fixed-fee licensing. We show that this conclusion need not hold when technology transfer is costly and, in particular, when the qua... Read More about Does two-part tariff licensing agreement enhance both welfare and profit?.

Privatization in the presence of foreign competition and strategic policies (2014)
Journal Article
Dijkstra, B., Mathew, A., & Mukherjee, A. (2014). Privatization in the presence of foreign competition and strategic policies. Journal of Economics, 114(3), https://doi.org/10.1007/s00712-014-0407-3

Recent evidence shows that developing and transition economies are increasingly privatizing their public firms and also experiencing rapid growth of inward foreign direct investment (FDI). In an international mixed oligopoly with strategic tax/subsid... Read More about Privatization in the presence of foreign competition and strategic policies.

Managerial Delegation, Cost Asymmetry and Social Efficiency of Entry (2013)
Journal Article
Mukherjee, A., & Tsai, Y. (2014). Managerial Delegation, Cost Asymmetry and Social Efficiency of Entry. Economic Record, 90(288), 90-97. doi:10.1111/1475-4932.12079

This article examines the welfare implications of entry in oligopolistic markets with separation of management from ownership. In the presence of strategic managerial delegation and cost asymmetry, entry is socially insufficient unless the degree of... Read More about Managerial Delegation, Cost Asymmetry and Social Efficiency of Entry.

Patent protection under endogenous product differentiation (2013)
Journal Article
Mukherjee, A. (2014). Patent protection under endogenous product differentiation. Asia-Pacific Journal of Accounting and Economics, 21(1), 78-93. doi:10.1080/16081625.2014.858389

It is generally believed that, if weak patent protection does not affect innovation, it makes consumers and society better off compared to strong patent protection by increasing the intensity of competition. We show that this conclusion may not be va... Read More about Patent protection under endogenous product differentiation.

Entry, profit and welfare under asymmetric R&D costs: entry, profit and welfare (2013)
Journal Article
Mukherjee, A., & Ray, A. (2014). Entry, profit and welfare under asymmetric R&D costs: entry, profit and welfare. Manchester School, 82(3), 284-295. doi:10.1111/manc.12015

We show the effects of entry of a new firm on the profits and welfare when the firms share the same initial cost of production but differ in terms of the costs of undertaking R&D. Considering a Cournot oligopoly model with innovation and linear deman... Read More about Entry, profit and welfare under asymmetric R&D costs: entry, profit and welfare.

Can cost asymmetry be a rationale for privatisation? (2013)
Journal Article
Mukherjee, A., & Sinha, U. B. (2014). Can cost asymmetry be a rationale for privatisation?. International Review of Economics and Finance, 29, 497-503. doi:10.1016/j.iref.2013.07.010

Cost asymmetries between the public and the private firms create a rationale for privatising the public firms. We show that this argument is restrictive, since it does not allow for other ways of reducing production inefficiency, which creates the mo... Read More about Can cost asymmetry be a rationale for privatisation?.

Technology licensing in a differentiated oligopoly (2013)
Journal Article
Bagchi, A., & Mukherjee, A. (2014). Technology licensing in a differentiated oligopoly. International Review of Economics and Finance, 29, 455-465. doi:10.1016/j.iref.2013.07.005

A note on the adverse effect of competition on consumers: adverse effect of competition on consumers (2013)
Journal Article
Dinda, S., & Mukherjee, A. (2014). A note on the adverse effect of competition on consumers: adverse effect of competition on consumers. Journal of Public Economic Theory, 16(1), 157-163. doi:10.1111/jpet.12044

It is usually believed that higher competition, implying more active firms, benefits consumers. We show that this may not be the case in an industry with asymmetric cost firms. A rise in the number of more cost?inefficient firms makes the consumers w... Read More about A note on the adverse effect of competition on consumers: adverse effect of competition on consumers.

R&D cooperation with entry (2012)
Journal Article
Bandyopadhyay, S., & Mukherjee, A. (2014). R&D cooperation with entry. Manchester School, 82(1), 52-70. doi:10.1111/j.1467-9957.2012.02336.x

We show the effects of entry by a non?innovating firm on the innovating firms' incentive for undertaking cooperative R&D, highlighting the implications of knowledge spillover. Entry by a non?innovating firm may either increase or decrease the incenti... Read More about R&D cooperation with entry.