Publicação
Merger policy in innovative industries
| dc.contributor.author | González-Maestre, Miguel | |
| dc.contributor.author | Granero, Lluís M. | |
| dc.date.accessioned | 2018-07-02T09:27:45Z | |
| dc.date.available | 2018-07-02T09:27:45Z | |
| dc.date.issued | 2016-12 | |
| dc.description.abstract | We analyze optimal merger policy in R&D-intensive industries with product innovation aiming to improve the quality of products. Our results suggest that a permissive merger policy is rarely optimal in high-tech industries when the antitrust authority considers a welfare standard that balances the impact of mergers on con- sumers’ surplus and firms’ profits. In particular, relative to a benchmark where the effects from R&D are absent, we show that the optimal merger policy should not be substantially more permissive in the presence of those effects from R&D. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | González-Maestre, Miguel e Lluís M. Granero (2016). "Merger policy in innovative industries". Portuguese Economic Journal, 15(3):131-147 | pt_PT |
| dc.identifier.doi | 10.1007/s10258-016-0122-9 | pt_PT |
| dc.identifier.issn | 1617-982X (print) | |
| dc.identifier.issn | 1617-9838 (online) | |
| dc.identifier.uri | http://hdl.handle.net/10400.5/15753 | |
| dc.language.iso | eng | pt_PT |
| dc.peerreviewed | yes | pt_PT |
| dc.publisher | Springer Verlag | pt_PT |
| dc.subject | Merger policy | pt_PT |
| dc.subject | High-tech industries | pt_PT |
| dc.subject | Endogenous quality | pt_PT |
| dc.subject | Oligopoly | pt_PT |
| dc.title | Merger policy in innovative industries | pt_PT |
| dc.type | journal article | |
| dspace.entity.type | Publication | |
| oaire.citation.conferencePlace | Lisboa | pt_PT |
| oaire.citation.endPage | 147 | pt_PT |
| oaire.citation.issue | 3 | pt_PT |
| oaire.citation.startPage | 131 | pt_PT |
| oaire.citation.title | Portuguese Economic Journal | pt_PT |
| oaire.citation.volume | 15 | pt_PT |
| rcaap.rights | closedAccess | pt_PT |
| rcaap.type | article | pt_PT |