Showing 1 - 10 of 17,293
Previous work on exit in declining industries has neglected mergers. We examine a simple model that predicts which declining industries experience horizontal mergers. Mergers are more likely if 1) market concentration is high; 2) the inverse demand curve is steep at high levels of output and...
Persistent link: https://www.econbiz.de/10011569023
Persistent link: https://www.econbiz.de/10010339075
Persistent link: https://www.econbiz.de/10000337046
Persistent link: https://www.econbiz.de/10000826974
Persistent link: https://www.econbiz.de/10011542074
Persistent link: https://www.econbiz.de/10011472784
Persistent link: https://www.econbiz.de/10012039978
Persistent link: https://www.econbiz.de/10011977440