The objective of this study is to analyse the effects of trade liberalization on the firm-level profit-enhancing effects of mergers and its dependence on whether the technology is labour intensive or capital-intensive, under an oligopolistic competition framework. Mergers, as considered in this...

The objective of this study is to analyse the effects of trade liberalization on profits of a capital-intensive exporting country and a labour-intensive one with different cost functions and the welfare of the importing country under an oligopolistic competition framework. The results show that...