Merger policy in a quantitative model of international trade


Breinlich, Holger ; Nocke, Volker ; Schutz, Nicolas



URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_i...
Additional URL: http://www.volkernocke.com/BNS.pdf
Document Type: Working paper
Year of publication: 2015
The title of a journal, publication series: CESifo Working Papers
Volume: 5909
Place of publication: München
Publishing house: Munich Society for the Promotion of Economic Research
ISSN: 1617-9595 , 2364‐1428
Edition: Rev. 2019
Publication language: English
Institution: School of Law and Economics > VWL, Mikroökonomik (Nocke)
Subject: 330 Economics
Abstract: 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. We calibrate the model to match industry-level data in the U.S. and Canada. Our results suggest 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.

Dieser Eintrag ist Teil der Universitätsbibliographie.




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Breinlich, Holger ; Nocke, Volker ORCID: 0000-0002-5000-6828 ; Schutz, Nicolas (2015) Merger policy in a quantitative model of international trade. CESifo Working Papers München 5909 [Working paper]


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