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: CEPR Discussion Paper
Volume: 10851
Place of publication: London
Publishing house: Centre for Economic Policy Research (CEPR)
Edition: Rev. 2018
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. CEPR Discussion Paper London 10851 [Working paper]


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