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- Scopus: eid_2-s2.0-84931085223
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Article: Vertical or Horizontal: Endogenous Merger Waves in Vertically Related Industries
Title | Vertical or Horizontal: Endogenous Merger Waves in Vertically Related Industries |
---|---|
Authors | |
Keywords | Merger waves Endogenous mergers Vertical mergers Horizontal mergers Stable market structure |
Issue Date | 2015 |
Publisher | Walter de Gruyter GmbH. The Journal's web site is located at http://www.degruyter.com/view/j/bejeap |
Citation | The B.E. Journal of Economic Analysis & Policy, 2015, v. 15 n. 3, p. 1237-1262 How to Cite? |
Abstract | Endogenous merger waves are studied in vertically related industries where firms may engage in both vertical and horizontal mergers. It is shown that whether and how firms merge depends crucially on the balance between vertical and horizontal externalities, and the balance between upstream and downstream competition. Furthermore, firms may merge with or without any fundamental change in the underlying economic conditions. |
Persistent Identifier | http://hdl.handle.net/10722/212061 |
ISSN | 2023 Impact Factor: 1.1 2023 SCImago Journal Rankings: 0.428 |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Yao, Z | - |
dc.contributor.author | Zhou, W | - |
dc.date.accessioned | 2015-07-21T02:21:11Z | - |
dc.date.available | 2015-07-21T02:21:11Z | - |
dc.date.issued | 2015 | - |
dc.identifier.citation | The B.E. Journal of Economic Analysis & Policy, 2015, v. 15 n. 3, p. 1237-1262 | - |
dc.identifier.issn | 1935-1682 | - |
dc.identifier.uri | http://hdl.handle.net/10722/212061 | - |
dc.description.abstract | Endogenous merger waves are studied in vertically related industries where firms may engage in both vertical and horizontal mergers. It is shown that whether and how firms merge depends crucially on the balance between vertical and horizontal externalities, and the balance between upstream and downstream competition. Furthermore, firms may merge with or without any fundamental change in the underlying economic conditions. | - |
dc.language | eng | - |
dc.publisher | Walter de Gruyter GmbH. The Journal's web site is located at http://www.degruyter.com/view/j/bejeap | - |
dc.relation.ispartof | The B.E. Journal of Economic Analysis & Policy | - |
dc.rights | © 2015 by De Gruyter. The final publication is available at www.degruyter.com | - |
dc.subject | Merger waves | - |
dc.subject | Endogenous mergers | - |
dc.subject | Vertical mergers | - |
dc.subject | Horizontal mergers | - |
dc.subject | Stable market structure | - |
dc.title | Vertical or Horizontal: Endogenous Merger Waves in Vertically Related Industries | - |
dc.type | Article | - |
dc.identifier.email | Zhou, W: wzhou@business.hku.hk | - |
dc.identifier.authority | Zhou, W=rp01128 | - |
dc.description.nature | published_or_final_version | - |
dc.identifier.doi | 10.1515/bejeap-2014-0165 | - |
dc.identifier.scopus | eid_2-s2.0-84931085223 | - |
dc.identifier.hkuros | 245750 | - |
dc.identifier.volume | 15 | - |
dc.identifier.issue | 3 | - |
dc.identifier.spage | 1237 | - |
dc.identifier.epage | 1262 | - |
dc.identifier.isi | WOS:000356001900009 | - |
dc.publisher.place | United States | - |
dc.identifier.issnl | 1935-1682 | - |