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We examine integration strategies of multinational firms that face a rich array of choices of international organization. Each firm in an industry must provide headquarter services from its home country, produce intermediate inputs, and assemble the intermediate goods into final products. Both...
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-enhancing properties. We then use Interstate Circuits behavior to generate a theory of vertical restraints that not only explains the …
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Investigates the dynamic welfare effects of exposure to trade in a new trade model. This book uses a new trade model to explore which country-specific conditions give rise to horizontal or vertical multinational activity. It analyzes the role of goods trade and horizontal multinational firms in...
Persistent link: https://www.econbiz.de/10013520542
We show that the presence of a strategic tax policy increases the incentive for a horizontal merger compared to the … a horizontal merger that has been ignored in the existing literature. In contrast to the usual belief, we also show that … a horizontal merger may benefit the consumers and the society. …
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Die wachsende Verbreitung von FuE-Kooperationen zwischen konkurrierenden Unternehmen führt zu der Frage, ob, und wenn ja, unter welchen Bedingungen diese Kooperationen den Wettbewerb beschränken. Die Analyse der möglichen Wohlfahrtseffekte, die von FuE-Kooperationen ausgehen, zeigt, daß sie...
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