The equilibrium ownership of an international oligopoly

By Henrik Horn, L. Persson. 2001

264 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/d2a0b32895cb72063fa849a709dd36f22bbde9aa

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Citations in the corpus

Cross-border mergers and acquisitions vs. greenfield foreign direct investment: The role of firm heterogeneity (2007, background): “The literature on crossborder M&A is still in its infancy, and authors in this literature have also focused on market power as the motivation for mergers (e.g., Head and Ries, 1997; Horn and Persson, 2001; Neary, 2003; Raff et al., 2005).”
GLOBALIZATION AND MARKET STRUCTURE (2003, background): “From a large literature, see Deneckere and Davidson (1985), Faulı́-Oller (1997), Horn and Persson (2001), Lommerud, Straume and Sørgard (2002), and Perry and Porter (1985). they generate incentives for takeovers, because mergers are profitable only in one direction: namely, when a low-cost firm…”
Downstream merger with upstream market power (2005, methodology): “In our model such market structures are characterised by cross-border merger, since this is a more efficient way to reduce rents among the input suppliers.29 28See Horn and Persson (2001a) for a formal definition of decisive owners.”
The choice of market entry mode: Greenfield investment, M&A and joint venture (2009, background): “Horn and Persson (2001), and Nocke and Yeaple (2007) offer other models of the choice between M&A and greenfield investment, as well as further references.”
Cross-Border M&As and Innovative Activity of Acquiring and Target Firms (2016, background): “…quality-enhancing activities, since thesunk costs of these activities can then be applied to a larger production output (Guadalupe et al., 2012).12 Another potentially important motive for M&As is the strengthening of market power (e.g. Kamien and Zang, 1990; Neary, 2007; Horn and Persson, 2001).”
Foreign Direct Investment and the Single Market (2002, unknown): “15 Falvey (1998) and Horn and Persson (2001) explore the impact of trade policy on merger incentives in two-country models.”
Trade costs and foreign direct investment (2009, unknown): “My approach is closer to the small but rapidly growing literature on cross-border mergers in oligopolistic markets exempli ed by van Long and Vousden (1995), Falvey (1998), Horn and Persson (2001), Bertrand and Zitouna (2003) and Ferrett (2004).”