Studies on the institutional design of infrastructure deployment and competition in market-converging environments

2017 Fiscal Year Final Research Report

• Project/Area Number: 15K03491
• Research Category: Grant-in-Aid for Scientific Research (C)
• Allocation Type: Multi-year Fund
• Section: 一般
• Research Field: Economic policy
• Research Institution: Kwansei Gakuin University
• Principal Investigator: MIZUNO Keizo 関西学院大学, 商学部, 教授 (40229703)
• Co-Investigator(Kenkyū-buntansha): 三上 和彦 兵庫県立大学, 経済学部, 教授 (30229653)
• Project Period (FY): 2015-04-01 – 2018-03-31
• Keywords: 産業組織論 / ネットワーク産業 / 経済的規制 / インフラ整備 / 競争 / 投資費用 / 企業間協力

Outline of Final Research Achievements

In this research project, we examine firms’ incentives to cooperate for infrastructure investment and the associated policy environment. The main question is: when does cooperation for infrastructure investment among firms prevail? The analyses in the project are threefold. In the first analysis, we compare the performance of a joint venture between vertically integrated firms and that of a non-cooperative (an independent) investment by an upstream infrastructure firm under vertical separation when infrastructure services such as electricity and gas are provided in urban and rural markets. In the second, we examine firms’ incentives for joint ventures when they have an opportunity to adopt an efficient technology. Finally, we examine the impact of access regulation on firms’ endogenous coalition formation.

Free Research Field

経済学