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Environmental Policies, Mergers and Welfare

Unlike previous theoretical studies, we examine the welfare effects of a merger when participating firms are in a pollution-intensive sector. With passive environmental policy we show that profitable mergers reduce welfare; and this is because the reduction in consumer surplus and tax revenue domina...

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Publié dans:Economía Mexicana. Nueva Época
Auteur principal: Mahelet Getachew Fikru
Format: Artigo
Langue:Inglês
Publié: Centro de Investigación y Docencia Económicas, A.C. 2013
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Accès en ligne:https://www.redalyc.org/articulo.oa?id=32329969008
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