Cross-border mergers as instruments of comparative advantage

A two-country model of oligopoly in general equilibrium is used to show how changes in market structure accompany the process of trade and capital-market liberalization. The model predicts that bilateral mergers in which low-cost firms buy out higher-cost foreign rivals are profitable under Cournot...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Neary, J
مؤلفون آخرون: Review of Economic Studies Ltd
التنسيق: Journal article
اللغة:English
منشور في: Blackwell Publishing 2007
الموضوعات:
Search Result 1
Search Result 2