Arbeitspapier
Strategic Trade Policy and Merger Profitability
We study the profitability incentives of merger and the endogenous industry structure in a strategic trade policy environment. Merger changes the strategic trade policy equlilibrium. We show that merger can be profitable and welfare enhancing here, even though it would not be profitable in a laissez-faire economy. A key element is the change in the governments. incentives to give subsidies to their local firms. National merger induces more strategic trade policy, whereas international merger does not.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 948
- Klassifikation
-
Wirtschaft
- Thema
-
merger incentives
strategic trade policy
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Huck, Steffen
Konrad, Kai A.
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Huck, Steffen
- Konrad, Kai A.
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2003