Mergers, Privatization and Environmental Considerations

Méndez Naya, José

Use this link to cite:

http://hdl.handle.net/2183/39926

Mergers, Privatization and Environmental Considerations

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Mendez_Naya_Jose_2018_Mergers_privatization.pdf (376.89 KB)

Identifiers

URI: http://hdl.handle.net/2183/39926

Publication date

2018

Authors

Méndez Naya, José

Bibliographic citation

Méndez Naya, J. (2018). Mergers, Privatization and Environmental Considerations. International Economic Journal, 32(1), 91-101. https://doi.org/10.1080/10168737.2018.1446039

Abstract

[Abstract]: The purpose of this paper is to analyze both merger sustainability and optimal privatization decisions, in an international mixed oligopoly model when it is explicitly assumed that firms’ production pollutes the environment. Contrary to traditional theory it is shown that both a merger between private firms and between one private and one public firm could be sustainable. Furthermore, the effects of environmental considerations on mixed firms’ optimal degree of privatization are analyzed