| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5595 |
| DP5595 Explaining the Growth of Part-Time Employment: Factors of Supply and Demand | |
| Rob Euwals | |
| 发表日期 | 2006-04-03 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | This paper proposes a sequential merger formation game with cost synergies to study how trade policy can influence firms' choice between domestic and cross-border mergers in an international Cournot oligopoly. We find that the equilibrium market structure depends heavily on: (i) the level of trade costs; and (ii) whether or not active antitrust authorities are incorporated within the sequential merger game. In addition, it is shown that whenever mergers occur in equilibrium, they occur in waves and the merger wave comprises at least one cross-border merger. We also analyze how the equilibrium market structures are affected by the presence of lobbying efforts. |
| 主题 | Industrial Organization |
| 关键词 | Endogenous mergers Merger waves Tariff-jumping fdi |
| URL | https://cepr.org/publications/dp5595 |
| 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/534455 |
| 推荐引用方式 GB/T 7714 | Rob Euwals. DP5595 Explaining the Growth of Part-Time Employment: Factors of Supply and Demand. 2006. |
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