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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Neary, J
Muut tekijät: Review of Economic Studies Ltd
Aineistotyyppi: Journal article
Kieli:English
Julkaistu: Blackwell Publishing 2007
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