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Author:Zhang, A.
Chen, H.
Title:Horizontal mergers in a liberalizing world economy
Journal:Pacific Economic Review
2002 : JUN, VOL. 7:2, p. 359-376
Index terms:LIBERALIZATION
MERGERS
WORLD ECONOMY
Language:eng
Abstract:This paper is concerned with the effect of horizontal mergers in an open economy environment. It is found that, with the presence of economies of scale and imperfect competition, a domestic merger may bring about an additional gain to the country in that it shifts profit from foreign to domestic firms.
SCIMA record nr: 234824
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