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Cited by 303

The DOI matches its Crossref record; 33 of the 33 references it cites were found in a registry or an index.

Overlapping Ownership, R&D Spillovers, and Antitrust Policy

Open access
López, Ángel L., Vives, Xavier·2019·Journal of Political Economy
DOI 10.1086/701811
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Abstract

This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly with overlapping ownership.We show that overlapping ownership leads to internalization of rivals' profits by firms and find that, for demand not too convex, increases in overlapping ownership increase (decrease) R&D and output for high (low) enough spillovers while they increase R&D but decrease output for intermediate levels of spillovers.There is scope for overlapping ownership to improve welfare and consumer surplus, provided that spillovers are sufficiently large.The results obtained are robust when R&D has commitment value and in a Bertrand oligopoly model with product differentiation.

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Metadata

Authors
López, Á. L., & Vives, X.
Venue
Journal of Political Economy
Publisher
University of Chicago Press
Published
2019-10
Volume
127
Issue
5
Pages
2394-2437
ISSN
  • 0022-3808 (ISSN-L)
  • 1537-534X
DOI
10.1086/701811
OpenAlex
W3125872315
Cited by
303
References
33
FWCI
24.07
Type
journal article
Language
en
Open access
bronze

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CoChat. (2026). Citation check: Overlapping Ownership, R&D Spillovers, and Antitrust Policy. https://app.cochat.ai/papers/10.1086/701811
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López, Á. L., & Vives, X. (2019). Overlapping Ownership, R&D Spillovers, and Antitrust Policy. Journal of Political Economy. https://doi.org/10.1086/701811

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.