| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w15530 |
| 来源ID | Working Paper 15530 |
| Endogenous Market Structure and Foreign Market Entry | |
| James R. Markusen; Frank Stähler | |
| 发表日期 | 2009-11-19 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | Models dealing with cross-border acquisitions versus greenfield investment usually assume that the entry of a foreign firm into a market has effects on the outputs of all domestic firms in that market, but exit or entry of local firms is not considered. The purpose of this paper is to re-examine the acquisition versus greenfield versus exporting question under fixed versus free entry assumptions for local firms. Our finding is that greenfield entry and exporting options are more attractive relative to acquisition when the local market structure adjusts to foreign entry through local entry or exit than when it is fixed. The entering foreign firm may do better or worse under free entry versus a fixed market structure depending on its optimal choice under the latter assumption. |
| 主题 | International Economics ; Trade ; International Factor Mobility |
| URL | https://www.nber.org/papers/w15530 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573206 |
| 推荐引用方式 GB/T 7714 | James R. Markusen,Frank Stähler. Endogenous Market Structure and Foreign Market Entry. 2009. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w15530.pdf（188KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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