Tariffs, R&D, and two merger policies

We compare welfare‐increasing and consumer‐surplus‐increasing merger policies in an oligopoly when merging firms face endogenous trade policies, and engage in cost‐reducing R&D activity. As R&D becomes less efficient, the equilibrium market structures (EMS) become less concentrated under bot...

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Veröffentlicht in:	Review of international economics 2023-02, Vol.31 (1), p.81-105
Hauptverfasser:	Arzandeh, Mehdi, Gunay, Hikmet
Format:	Artikel
Sprache:	eng
Schlagworte:	competition policy Coordination efficiency defense Endogenous merger policy Monopolies Oligopoly Profits R&D Research & development Tariffs Trade policy trade policy Welfare
Online-Zugang:	Volltext
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