| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4064 |
| DP4064 Fertility and Financial Incentives in France | |
| Guy Laroque; Bernard Salanie | |
| 发表日期 | 2003-09-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | We analyse how the presence of trade unions affects the pattern of mergers in an international oligopoly and the welfare implications thereof. We find that an international merger results in lower wages for all firms. A national merger results in higher wages, highest for the non-merging firms. Using a model of endogenous merger formation, we find that the equilibrium market structure, if it exists, always implies one or more international mergers. Unless products are close substitutes there are more mergers than socially preferred. |
| 主题 | Industrial Organization ; Public Economics |
| 关键词 | Endogenous merger Merger policy Welfare Trade unions |
| URL | https://cepr.org/publications/dp4064 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533040 |
| 推荐引用方式 GB/T 7714 | Guy Laroque,Bernard Salanie. DP4064 Fertility and Financial Incentives in France. 2003. |
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