文章基本信息
- 标题：Cross-border merger and domestic welfare
- 本地全文：下载
- 作者：Arijit Mukherjee
- 期刊名称：Economics Bulletin
- 电子版ISSN：1545-2921
- 出版年度：2006
- 卷号：6
- 出版社：Economics Bulletin
- 摘要：We consider the welfare effect of cross-border merger in presence of international R&D competition. Cross-border merger increases domestic welfare if the bargaining power of the foreign firm and the slope of the marginal cost of R&D are sufficiently low. Otherwise, domestic welfare is lower under cross-border merger.
