文章基本信息

标题：Merger Policy in a Quantitative Model of International Trade
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作者：Holger Breinlich ; Volker Nocke ; Nicolas Schutz 等
期刊名称：CEP Discussion Paper
出版年度：2015
卷号：2015
语种：English
出版社：Centre for Economic Performance
摘要：In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the viewpoint of the foreign country. Calibrating the model to match industry-level data in the U.S. and Canada, we show that at present levels of trade costs merger policy is too tough in the vast majority of sectors. We also quantify the resulting externalities and study the impact of different regimes of coordinating merger policies at varying levels of trade costs.
关键词：Mergers Acquisitions;Merger Policy;Trade Policy;Oligopoly;International Trade