Mixed oligopoly and productivity-improving mergers

Yasuhiko Nakamura*, Tomohiro Inoue

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

10 Citations (Scopus)


This paper investigates productivity improving merger activities between a public firm and a private firm in mixed oligopoly. We assume that the merged firm has two plants (formerly, firms). We show that both owners of a public firm and a private firm want to merge by coordinating their shareholding ratios in the merged firm, whenever the number of private firms is larger than a critical value, while the public firm does not want to merge without the effect of improving the productivity of the merged firm.

Original languageEnglish
JournalEconomics Bulletin
Issue number20
Publication statusPublished - 2007 Sept 11

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)


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