Bombarda, Pamela; McCann, Fergal; Toubal, Farid - C.E.P.R. Discussion Papers - 2010
competition model that studies the effect of trade liberalization on exit and sectoral restructuring in the business services … sector. We assume that firms are heterogeneous in their marginal costs, allowing the model to predict domestic M&A and exit … by closedown, as well as foreign M&A. The model is brought to detailed French firm-level data on exit and M&A in the …