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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6490 |
DP6490 Ethnic Identity and Immigrant Homeownership | |
Klaus F. Zimmermann; Amelie Constant; Rowan Roberts | |
发表日期 | 2007-09-19 |
出版年 | 2007 |
语种 | 英语 |
摘要 | Antitrust policy involves not just the regulation of anti-competitive behavior, but also an important deterrence effect. Neither scholars nor policymakers have fully researched the deterrence effects of merger policy tools, as they have been unable to empirically measure these effects. We consider the ability of different antitrust actions ? Prohibitions, Remedies, and Monitorings ? to deter firms from engaging in mergers. We employ cross-jurisdiction/pan-time data on merger policy to empirically estimate the impact of antitrust actions on future merger frequencies. We find merger prohibitions to lead to decreased merger notifications in subsequent periods, and remedies to weakly increase future merger notifications: in other words, prohibitions involve a deterrence effect but remedies do not. |
主题 | Industrial Organization |
关键词 | Deterrence Merger policy Remedies Antitrust |
URL | https://cepr.org/publications/dp6490 |
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/535290 |
推荐引用方式 GB/T 7714 | Klaus F. Zimmermann,Amelie Constant,Rowan Roberts. DP6490 Ethnic Identity and Immigrant Homeownership. 2007. |
条目包含的文件 | 条目无相关文件。 |
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