Internal versus External Growth in Industries with Scale Economies: A Computational Model of Optimal Merger Policy
收藏NBER2014-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20051
下载链接
链接失效反馈官方服务：
资源简介：
We study optimal merger policy in a dynamic model in which the presence of scale economies implies that firms can reduce costs through either internal investment in building capital or through mergers. The model, which we solve computationally, allows firms to invest or propose mergers according to
本文在包含规模经济的动态模型中研究最优并购政策：该模型下，规模经济的存在使得企业可通过两类路径降低生产成本——一是用于资本积累的内部投资，二是并购行为。我们通过计算方法对该模型进行求解，该模型允许企业开展投资或提出并购提议，依据
提供机构：
美国国家经济研究局
创建时间：
2014-04-01
