Kayalica, M. Ozgur; Ramirez, Rafael Salvador Espinosa - In: EconoQuantum, Revista de Economia y Negocios 9 (2012) 2, pp. 61-80
We examine, in a oligopolistic partial equilibrium model, the effects of mergers and internal lobbies in shaping national subsidy policies. Domestic and foreign firms compete in the market for a homogeneous good in a host country, then the optimal output of the firms can be affected ambiguously...