Fikru, Mahelet G. - In: Economía Mexicana NUEVA ÉPOCA XXII (2013) 2, pp. 449-461
pollution-intensive sector. With passive environmental policy we show that profitable mergers reduce welfare; and this is … active policies we show that profitable mergers are welfare enhancing due to lower gross pollution, higher consumer surplus … purpose of reducing pollution, such policies may have a negative effect on social welfare if they do not take into account the …