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Cited by 427

The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Cross-Border Mergers as Instruments of Comparative Advantage

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Neary, J. Peter·2007·The Review of Economic Studies
DOI 10.1111/j.1467-937x.2007.00466.x
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Abstract

A two-country model of oligopoly in general equilibrium is used to show how changes in market structure accompany the process of trade and capital-market liberalization. The model predicts that bilateral mergers in which low-cost firms buy out higher-cost foreign rivals are profitable under Cournot competition. As a result, trade liberalization can trigger international merger waves, in the process encouraging countries to specialize and trade more in accordance with comparative advantage. With symmetric countries, welfare is likely to rise, though the distribution of income always shifts towards profits.

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Research works printed but not linked: 35

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Metadata

Authors
Neary, J. P.
Venue
The Review of Economic Studies
Publisher
Oxford University Press (OUP)
Published
2007-10
Volume
74
Issue
4
Pages
1229-1257
ISSN
  • 0034-6527 (ISSN-L)
  • 1467-937X
DOI
10.1111/j.1467-937x.2007.00466.x
OpenAlex
W2255644499
Cited by
427
References
1
FWCI
74.01
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Cross-Border Mergers as Instruments of Comparative Advantage. https://app.cochat.ai/papers/10.1111/j.1467-937x.2007.00466.x
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Neary, J. P. (2007). Cross-Border Mergers as Instruments of Comparative Advantage. The Review of Economic Studies. https://doi.org/10.1111/j.1467-937x.2007.00466.x

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