Run Yuan

General Equilibrium Implications of Privatization on Environment and Unemployment in Vertically Related Markets

Dianshuang Wang, Run Yuan & Lili Gao · Asian Journal of Economics, Business and Accounting · 2023

This paper is aimed at theoretically analyzing the environmental implications of privatization, adopted by many developing countries, using a three-sector general equilibrium model. The partially privatized firm owns a monopolistic position in upstream market and offers an essent...