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Author: | McCabe, M.J. |
Title: | Journal pricing and mergers: a portfolio approach |
Journal: | American Economic Review
2002 : MAR, VOL. 92:1, p. 259-269 |
Index terms: | MERGERS PERIODICALS PORTFOLIO INVESTMENT PRICING PUBLISHING INDUSTRY |
Language: | eng |
Abstract: | This paper investigates, whether mergers between commercial publishers affect their journal pricing. The results suggest that price increases were substantial during the sample period (1988-2001), that past merger contributed to these increases and that these effects occurred in a broadly defined portfolio market. |
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