| dc.creator |
Haufler, Andreas |
|
| dc.creator |
Nielsen, Søren Bo |
|
| dc.date |
2005 |
|
| dc.date.accessioned |
2013-10-16T07:02:19Z |
|
| dc.date.available |
2013-10-16T07:02:19Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/18987 |
|
| dc.identifier |
ppn:50056891X |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/18987 |
|
| dc.description |
We use a simple framework where firms in two countries serve their respective domestic markets and a world market to analyze under which conditions cost-reducing mergers will be beneficial for the merging firms, the home country, and the world as a whole. For a national merger, the policies enacted by a national merger authority tend to be overly restrictive from a global efficiency perspective. In contrast, all international mergers that benefit the merging firms will be cleared by either a national or a regional regulator, and this laissez-faire approach is also globally efficient. Finally, we derive the properties of the endogenous merger equilibrium. |
|
| dc.language |
eng |
|
| dc.relation |
CESifo working papers 1523 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
H77 |
|
| dc.subject |
F13 |
|
| dc.subject |
L41 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
merger policy |
|
| dc.subject |
international trade |
|
| dc.subject |
Fusionskontrolle |
|
| dc.subject |
Multinationales Unternehmen |
|
| dc.subject |
Außenwirtschaft |
|
| dc.subject |
Wohlfahrtseffekt |
|
| dc.subject |
Marktstruktur |
|
| dc.subject |
Gleichgewicht |
|
| dc.subject |
Theorie |
|
| dc.title |
Merger policy to promote "global players"? : A simple model |
|
| dc.type |
doc-type:workingPaper |
|